Litecoin Getting Ready For A Strong Move! (100% Possible?)

24 Jan 2019

I am looking at the Litecoin (LTCBTC) chart on the daily time frame and there seems to be something brewing up.

This signal can fail, but it looks like a strong move is on its way... If resistance can break.

- The black line on the chart is MA200. Notice how this line is coming down and now below LTCBTC's price.
- Recent break above EMA10 and trading above EMA50, which is a strong resistance.
- We have a bullish RSI and the MACD is also n the bullish zone, something most altcoins are laking.
- This can be a good profit move, so keep an eye on this.
- If enough support is given to this trade idea, I will post a LTCBTC (All exchanges -Binance, Bittrex, Coinbase, BitFinex, Kraken, etc.) trade as well as a highly profitable LTCH19 (BitMEX) trade with leverage.

Thanks a lot for reading.

Namaste.

24 Jan 2019

Catatan

Previous Litecoin (LTCH19) trade:

24 Jan 2019

Catatan

A closer look at LTCBTC weekly (notice that LTC has been trading above EMA10 since mid-December... This is bullish...)

25 Jan 2019

Catatan

You gave me your support and here is our next Litecoin trade as promised:

26 Jan 2019

Catatan

For LTCBTC, you can see the targets on the main chart above (purple lines).