Litecoin is trying to break its downtrend since late of 2017.
Currently price is at a very crucial point and could either breakout to the upside with a potential of reaching 250 or breaking down and falling to the 160 zone.
I am inclined for price to rise, as long as Bitcoin can hold itself together over the weekend. The overnight and weekend markets tend to heat up.
We will see how this plays out!
Next video update for Litecoin will be tomorrow or later tonight EST (United States) depending on price action.
Follow me for more daily cryptocurrency chart analysis.
Also, I am planning to cover the US Markets, Gold, and some Forex from time to time.
About my trading style.
Everything is based on price action, frequency, and geometry.
I do not trade on patterns, such as head and shoulders, channels, etc.
I do not trade on lagging indicators (ema, sma, rsi, macd, tsi, etc), volume, or news.
James Marshall
Geometricbull.com
Former Investment Advisor and Stock Broker.
The information from James Marshall/Geometric Bull is for informational purposes only.
It should not be considered legal or financial advice.
This information is for educational purposes only.
