LTC/USDT chance of maintaining the bullish trend

1 mars 2021

Hi every one
LITECOIN / TETHERUS

If we use the Pitchfork Fibonacci on the LTC/USDT chart we can understand that there is a chance that the Litecoin would continue the bullish trend. the price reached the middle line of the pitchfork and started the downward movement and now is about to reach the strong support (shown in the picture) there is also a regular bearish divergence(-RD) which you can see it on RSI indicator which explains the latest bearish movement !

Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.

Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!

Thank you for seeing idea .
Have a nice day and Good luck.

1 mars 2021

Note

Previous analysis