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Litecoin 4H Analysis - 1/7/20

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KRAKEN:LTCUSD   ライトコイン/米ドル
Just like Bitcoin, Ethereum, and XRP.. Litecoin's chart looks about the same. They all look like they're gearing up for some huge move.

Going into TA, Litecoin touched this 2-year confirmed uptrend twice, the second time doji candling, not even able or come close to closing below the trend.

Just like Ethereum's $140 resistance or XRP's $0.225 monthly resistance, Litecoin has one at $45 marked in red.

Litecoin will close above the $45 support and accumulate for a bit until it has another parabolic run-up to touch $53+

As always please do your own research, I am not a financial advisor.

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