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Litecoin Bullish Engulfing
Litecoin / Bitcoin
Long
Litecoin Bullish Engulfing
By AlanSantana
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Feb 10, 2021
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Feb 10, 2021
Yesterday we had a full absorption with the "bullish engulfing" pattern showing up (highlighted in light blue) on the daily LTCUSD chart.
We also have bullish divergence with the MACD and prices starting to move above EMA10.
This can signal that Litecoin is trying to go bullish.
We also have a lower low compared to Nov., the weak hands have been removed and the stops activated.
This pair can easily move up.
Namaste.
alanmasters
altcoins
Chart Patterns
crypto
Cryptocurrency
Technical Indicators
Litecoin (Cryptocurrency)
LTC
LTCBTC
Trend Analysis
AlanSantana
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