ashainp

Good long term entry for LTC after the next pullback

Long
BITFINEX:LTCUSD   Litecoin
Sold the spare LTC I had from a year ago near the wedge top.
MACD over stretched in short term as well.

Bullish long term moving averages as the short term 20 and 40 has crossed 120 and 200. However, to be more confident, I need the 120EMA to clearly cross 200EMA

Looking to buy in again for a trade at 46.772 at the support levels.

46 and 68 seems to be very important for LTC

46 is the level where the base was formed before the massive bull run in 2017(marked)
It is also the level it consolidated before starting distribute after the bull run.


LTC follows BTC.

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