LTCUSD 1D - Breakout

LTCUSD broke channel 1 and is about to break channel 2.
In case it breaks channel 2, 60 is a very fast possible target.

RSI (in 3) looking amazing and Stoch RSI (in 4) just crossed bullish.

LTCBTC looking promising as well!

Komentar:

But be aware LTCUSD is at channel resistance.

If you don't hold any LTC
EITHER find another asset/coin
OR wait for a retracement
OR buy the breakout.

Komentar:

LTCBTC 1D - still inside the wedge (at resistance!!) but the RSI and Stoch RSI indicators are very promissing.

This means USD and BTC breakout => double pump...lol

Komentar:

Interesting possibility: Inverse Head and Shoulders

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Very interesting 2 candles formed on the 4h:
Red arrow corresponding to a doji at channel resistance.
Green arrow corresponding to a bullish hammer at channel support.

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Amazing engulfing but reaching channel resistance.

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Danger
LTCUSD 1D - Doji+RSI dropping+Stock RSI crossed bearish

The Doji requires still a confirmation but current candle is already below previous one.
Stock RSI still needs to drop below 70 (K&&D).

Komentar:

Still within small timeframe channel...

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60USD seems to be acting as huge resistance.

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4H Doji+Double top

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Above 57.3 LTCUSD will fly to 59.8,
above 60 LTCUSD will sky rocket!

=> Amazing lower wick! => Long!

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Knock Knock....

Komentar:

LTCUSD looking a bit ugly.
There is still hope:

1) closing daily around 56 support level.
2) RSI at support and restart to trend higher.