Litecoin $LTC bullishness - Potential to rise greatly
Litecoin is showing many indications of making a move up. If today's candle finishes on another substantial positive day, it will show a three white soldiers bullish pattern. This could send it above its 200 day MA and beyond, but it could be rejected from it so watch out.
On the hourly, it broke out of a bullflag, retested its resistance and soared above it. It also has a lot of support from the Ichimoku and moving well above the moving averages.
Though many signs seem positive, set a stop-loss.
Not investing advice. Take with a grain of salt like you should with all trading.
On the hourly, it broke out of a bullflag, retested its resistance and soared above it. It also has a lot of support from the Ichimoku and moving well above the moving averages.
Though many signs seem positive, set a stop-loss.
Not investing advice. Take with a grain of salt like you should with all trading.
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Hourly
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A longer view could look like this.
A longer view could look like this.
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Testing bottom. Great buy opportunity with tight stop-loss just right under.
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Waiting to see if there's support.
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boom
boom
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Three White Soldiers pattern confirmed. Bullish on daily.
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^Disregard. 3rd candle isn't as high as it should be.