These are Weekly and Daily chart. 200 EMA in the Weekly chart is an important one. If it is able to close above and lets faster EMAs cross over confirmation, we will have a definite bull run on LTC.
Interestingly, Daily chart does sustain a bullish momentum as the faster EMAs keep sustaining above the 200 EMA and the price have been rejected and upheld for a while now.
Hopefully, the Daily momentum cascades to the Weekly. You may find a setup here and SL below the previous swing low while the 1st TP is the next Res as shown in the chart - R:R around 1.8-2
Interestingly, Daily chart does sustain a bullish momentum as the faster EMAs keep sustaining above the 200 EMA and the price have been rejected and upheld for a while now.
Hopefully, the Daily momentum cascades to the Weekly. You may find a setup here and SL below the previous swing low while the 1st TP is the next Res as shown in the chart - R:R around 1.8-2