It appears that Litecoin (LTC/USD) is poised for a bullish rebound within the coming days.
The 100-day moving average suggests its been in oversold territory for quite some time (all of 2018), while the Ichimoku Cloud is depicting a pattern of bullish momentum.
I wouldn't be a bit surprised if a breakout occurs within the next few days to around the $50 price mark. Happy Trading!
The 100-day moving average suggests its been in oversold territory for quite some time (all of 2018), while the Ichimoku Cloud is depicting a pattern of bullish momentum.
I wouldn't be a bit surprised if a breakout occurs within the next few days to around the $50 price mark. Happy Trading!
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Disclaimer
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.