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LTC - PUSHIN THRU
Litecoin
Long
LTC - PUSHIN THRU
By HoodFav
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Apr 29, 2021
3
Apr 29, 2021
Litecoin has just broken the previous massive selloff triangle from a few days ago.
After breaking out of the triangle we have seen a solid day or more where price has stayed stagnant in an accumulation zone.
Not it looks like Litecoin is ready to rip to the $280 area now that the money flow is in the green.
RSI is also being pushed up heavily & there is a slight bounce off of the green EMA signifying a strong buy on the 4H time frame.
Solid 4:1 RRR on this trade.
Not financial advice.
Moving Averages
Trend Lines
Triangle
HoodFav
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