Take a look at this chart here, Litecoin (LTCBTC) is flashing multiple bullish signals.
These signals are telling me that Litecoin can continue up.
I've marked the main target at MA200, but surely resistance will be strong first at EMA50 (0.005144) before getting there.
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(This is not financial advice)
- We have a Doji yesterday on above-average volume.
- Prices are now bouncing and we have the "3 White Soldiers" candlestick pattern.
- Prices are now trading above EMA10.
- With the Doji, bounce above EMA10, and increasing green volume, this can signal a potential reversal.
- The RSI is gaining momentum up.
- The MACD is showing a bullish cross.
These signals are telling me that Litecoin can continue up.
I've marked the main target at MA200, but surely resistance will be strong first at EMA50 (0.005144) before getting there.
Did you not enjoy this post? ...
If you did, remember to hit LIKE for more.
Namaste.
(This is not financial advice)
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
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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.