As Bitcoin rockets into the stratosphere, the Altcoins are lagging, presenting a buying opportunity. Here, with Litecoin, we see a massive bull wedge forming. Volatility has consolidated under the upper bound at around $66. The Kovach Momentum Indicators are still bullish, potentially portending a breakout.
If you're interested in the Momentum Indicators, Reversals Indicator, or Crypto Specific Indicators, check out quantguy.net.
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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.