Litecoin is really oversold and has been for a while now. On the weekly time frame there is major bullish divergence on the MACD that has been brewing for almost a year now. The last time this happened Litecoin had a move of about 600% up. The divergence has been in play for a long time and I believe this time we will see a massive move up like no other. I can see $3000 dollar Litecoin within a year maybe 2 at max. Exactly what kind of news will drive the price of Litecoin to make that type of gain in price and popularity but something huge is in the making ;) . Im buying as much as i can in this time, we wont see these prices in Litecoin again ever! This is not trading or financial advice. Thank you for looking, leave a comment and follow me if you find this content useful. Thank you
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I also noticed a nice Bull Flag!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.