Litecoin Moving Higher | Will Challenge EMA100 Next
Litecoin (LTCBTC) had a strong drop after being rejected by EMA100. After this drop, we have LTCBTC slowly creeping back up...
Here is my analysis:
All the additional details can be found on the chart.
Here is the same setup but for LTCZ19 (BitMEX instrument for leveraged trading):
This is not financial advice.
If you have any questions feel free to use the comments section below.
Your LIKES, comments, shares and follow support my work.
This is Alan Masters.
Thanks again for reading.
Namaste.
Here is my analysis:
- Litecoin will move up and test at least EMA50. If EMA50 can be conquered then EMA100 comes next, which is my main target short-term for Litecoin.
- Divergence is showing up on the indicators after the drop.
- There are multiple candlesticks that are pointing to a move to the upside...
All the additional details can be found on the chart.
Here is the same setup but for LTCZ19 (BitMEX instrument for leveraged trading):
This is not financial advice.
If you have any questions feel free to use the comments section below.
Your LIKES, comments, shares and follow support my work.
This is Alan Masters.
Thanks again for reading.
Namaste.
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