Litecoin
Long

✴️ Litecoin Continuation | Quick Update

1108
Same chart, no change. We can see Litecoin still respecting the rising trendline and producing a bounce on it as well as right above EMA50.

This is good but still early.

Yesterday's session ended as a bullish candlestick, this can be determined by the green close and the long lower wick.

There is plenty of room for additional correction and consolidation while maintaining the bullish bias.

If a bullish resumption starts today, the whole correction would have lasted between 7 and 9 days.

Short-term looks good but uncertain.
The bigger picture definitely is 100% up.

Namaste.

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.