ssia. Breakout from the handle look strong. $80 Target
Just an idea. Need confirmation from either a break of the lower band today/tomorrow (idea invalid) or a reversal above the 20 SMA in next few days (idea might be valid - if accompanied by increased volume, likely valid).
RSI and BB% show Feb was building some 'hidden' bullish momentum
Retraced to .786 with BBs pinching in. LTC/USD at 50% retrace. Wait and see.
A close above the trend line is a pretty clear indication a new trend has started. Hidden bullish divergence on the BB% with it turning up out of the channel created from the previous retreat. OBV and A/D riding together and turning up. News event slated for February.
Really doesnt need much commentary. No room on the downside, literally. BB pinch. Potential golden cross on the MAs. Gonna rock and roll.
This always looked like accumulation to me. That dump from the last couple of days during the huge BTC push could have been the spring. Wait and see but if it pans out, LTC rockets to the moon.
Some interesting trend lines to consider. The dotted line on the price chart is from the tops of the previous two large expansion cycles. We are at the top of that trend right now. The dotted line on the RSI is also from the first major expansion cycle on the chart. The RSI trend is imperfect but us still interesting. The solid trend line on the OBV was used...
XCPBTC looks like it might make a strong move soon.
SCBTC looks bullish. Daily pinch on the bollinger bands, RSI shows some divergence with a well defined bottom and OBV is turning up.