First, we can see a clear higher low, marked here with light blue.
Then we can notice the strong bounce and the long-wick candle.
Followed by good volume and a break above resistance in the form of EMAs.
The RSI is strong and the MACD trading above (0), bullish.
These simple signals confirm what we have been profiting from already, Litecoin is going bullish.
Here is my previous chart with additional information:
Just as prices move up and charts produce bullish signals, they can also move down and crash... The charts are always changing. Remember to have a plan if you decide to trade.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.