Price target: Moon.
This is much more predictive than my typical technical analysis but with 4 Hour 3 Hour 2 Hour 1 Hour Stoch RSI overbought I can't help but think we hold resistance one more time before headed to the top of the long term channel. Similarities to last rocketship are uncanny.
I'll be looking to buy if we hold support at $38/LTC and start going up coinciding with bullish RSI and MACD. Tight stop loss breaking support at $38 on volume.
If we breakout above resistance here I'd be looking to buy around $44/LTC
This is much more predictive than my typical technical analysis but with 4 Hour 3 Hour 2 Hour 1 Hour Stoch RSI overbought I can't help but think we hold resistance one more time before headed to the top of the long term channel. Similarities to last rocketship are uncanny.
I'll be looking to buy if we hold support at $38/LTC and start going up coinciding with bullish RSI and MACD. Tight stop loss breaking support at $38 on volume.
If we breakout above resistance here I'd be looking to buy around $44/LTC