LTC: Breakout time approaching
LTC, as well as the other coins, is printing a really nice structure, ripe for breakout.
Namely, we have a huge bullish divergence in the RSI on the weekly timeframe, while LTCBTC is falling.
LTC is a ticking timebomb, ripe for a brutal rally, same as many other altcoins. We can go as high as the historical falling resistance line which I drew.
Namely, we have a huge bullish divergence in the RSI on the weekly timeframe, while LTCBTC is falling.
LTC is a ticking timebomb, ripe for a brutal rally, same as many other altcoins. We can go as high as the historical falling resistance line which I drew.
Commentaire:
For LTCBTC I see a zigzag move as back in 2017. We might now hit the upper resistance, then when btc starts rising massively, ltbtc dips, and then a second run later in the year, at the BTC top.
