Litecoin is about to make a big move
Updated
That downtrend is active since last year, but there is a crossover on the daily ema's and the price is also above the weekly 8 ema acting as support. LTC has also broke a key resistance line (next key resistance is at $38-$40 zone. LTC is also in a uptrend formed since mid december. We cannot forget the fact that there is a block reward halving on 7 august 2019!! I personally think that we will see a good surge till the halving. But there is 1 problem with the LTC price right now. Low volume. But I am more on the bullish since then on the bearish.
Love Yall <3
Love Yall <3
Trade active
Or will the downtrend hold again?Trade active
Pin bar candle on the 4H chart and the 200 ema on the 4H is acting as support. Also volume is not looking bad. BUUTTT I think this is a bull trap lol
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