Litecoin Bullish Engulfing

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.
alanmastersaltcoinsChart PatternscryptoCryptocurrencyTechnical IndicatorsLitecoin (Cryptocurrency)LTCLTCBTCTrend Analysis

🔝 Daily Cryptocurrency Technical Analysis
followalan.com

🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)

🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Also on:

Related publications

Disclaimer