Aleksin_Aleksandar

Litecoin long view

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BITSTAMP:LTCUSD   Litecoin
Litecoin has excellent potential from its current position for another bullish rally. The first target is $100.00 at the 23.6% Fibonacci level. Therefore, if we manage to hold on to that level, we will continue towards $136.00 at the 38.2% Fibonacci level. The big turning point for the price is at the 61.8% Fibonacci level at around $200 for one Litecoin. A move above could push us into a longer-term bullish trend.

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