LTC/BTC is nearing the all time lows. Sentiment on twitter has been horrible and saying LTC is done. However, I think having a contrarian view is profitable. Here are some signs showing that a reversal should be happening in the future. The MACD is showing bullish divergence for over a year now. The RSI is showing bullish divergence too. The recent price action is in a falling wedge which should break up. In the coming months to next year there should be a spike up in price.
This is not financial advice
This is not financial advice
Commentaire:
Ltc/btc broke out of the falling wedge. There's still a ton of upside. Crazy to think ltc/usd is at $116 right now and probably will break all time highs in dollar value in 2021