Pending Breakout Litecoin
The Short Term Trend for LTCUSD is Neutral but if it breaks out of the box area we could see a big move to the upside. The 50 EMA is holding and if it keeps channeling eventually the 50 will cross the 200 to the upside confirming a Short Trend Change to Positive once again.
Fair warning though, both the Med Term and Long Term Trends are Negative according to the our AM Wave indicator.
I will wait for confirmation of an upside move above 155.
Fair warning though, both the Med Term and Long Term Trends are Negative according to the our AM Wave indicator.
I will wait for confirmation of an upside move above 155.
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