Litecoin has broken out of a downtrend (could also be categorized as a BARR (bump and run) bottom, and could be primed for another bull run. Expecting a similar move to last time over the coming months. Taking this as a position trade, hoping to produce some good returns. You can see a similar trendline break on the candlestick chart, but personally I prefer Heikin Ashi for trend analysis.
Commentaire:
Trending upwards significantly after retesting the trendline. We're all gonna make it.