Ltcud
LTC/BTC Monthly bullishnessThe price is breaking a falling wedge. MACD crossing bullish after a big cycle. RSI in the lower side showing the break of a wedge as well. The target is the 0.618 fib level. The set up is very good but in case of a fakeout it could retry the previous low of Feb/Mar 2017 at 0.003 sats before signigicant upside, target which is at a 27% drop from the current price. No pain no gain ^^
Litecoin Broadening WedgeI recently added LTC to my portfolio based on two factors
This wedge that i have just discovered
and also this Monthly gaussian channel price placement that i will link
I believe litecoin has proven its place in the crypto space, showing continuous longevity
heres the chart
Did Charlie Lee have a crystal ball? LTC might see $20Crazy but we might just see the $20 on LTC, but what is more crazy is Charlie Lee calling it when LTC was above $250. I am going to say we might start seeing the start of the bull run around end of October of 2018 or the start of November of 2018. This should be interesting and a great opportunity to make some good profits.
LTC Bulls Holding the Best...but still weak.We are the furthest from breaking recent lows of any of the big 3, but the correlation is still hurting bulls.
If we break down the next support is $55 and the 4 hour RSI level will be just entering oversold.
Need to see a high volume flush for the bounce to be more prolonged than we have seen the past couple days.
Break of the 4 hour lower highs required to shift trend back to the bulls.
