Litecoin

ROAD TO THE GOLDEN LITECOIN

996
Hi guys,

I needed to do that analysis to share with you a great opportunity.

The ABC correction is about to end soon. As you can see on the chart, we have a double-bottom forming. While LTCUSD is stagnating, RSI indicates a nice bullish divergence coming. MACD also confirms that move as the green line crossed the red.

In a short-term we should retest the falling wedge support to go to $137 significant support. If the bullish move is strong, we could recover $160 where we could find our Fibonacci middle support.

That was a short and brief analysis, hope you enjoyed, whatever you think you can agree, comment or follow to see my next analysis.

Have a nice Sunday ! ;)

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.