LTC Litecoin April 22 - Technical Analysis - More Bearish Signs Than Bullish


General Tone:
LTC shows more signs of bearish divergence than bullish. A hard support range is near $136. A Break above $157 though, we could see up to $175 range AT MOST, which is a massive resistance zone, so anywhere from $157 to $175 is risky trade in terms of probability.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral to Bearish
Short Term Bias (Today) - Bearish
Long Term Target Prediction - By 2019, $1,000+



The bearish scenario



The bullish scenario

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