Jumping right into LTC/BTC, we see a minor breakout from its downward channel.
Strong volume coming in, and breaking past 50MA (in green). It remains to be seen if it breaks 0.0085 as the first major resistance level, followed by 0.0100 as the second major resistance level. Note that the RSI is fairly overbought - if this is indeed a reversal, watch for some period of consolidation before the next breakout.
Watch out for support on the 50MA. Failing at this would likely bring LTC back into downward channel.
Strong volume coming in, and breaking past 50MA (in green). It remains to be seen if it breaks 0.0085 as the first major resistance level, followed by 0.0100 as the second major resistance level. Note that the RSI is fairly overbought - if this is indeed a reversal, watch for some period of consolidation before the next breakout.
Watch out for support on the 50MA. Failing at this would likely bring LTC back into downward channel.