Litecoin

LTCUSD WaveTrend Oscillator

Hi guys,
Just want to share that analysis with the WaveTrend Oscillator. If we analyse what happened in the past we have this :
snapshot

On that chart, we are at the same point today. Some people don't believe in that reversal because there are other indicators that could indicate the contrary, but is this one a great indicator ?

There may not be a huge bounce, but I don't think we should see a significant bearish move in the next few days. May this indicator or my use not be relevant.

What do you think about that ?

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