Litecoin (LTCBTC) is waking up after breaking above EMA10 with good volume and strength.
LTCBTC Targets by Alan Masters
(1) 0.00919
(2) 0.01041
(3) 0.01111
(4) 0.01211
(5) 0.01371
Stop loss: Close weekly candle below 0.00680 makes LTCBTC bearish.
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- MACD is now on the bullish side.
- RSI bullish.
- Strong break above EMA100, EMA50, EMA10 and MA99.
- 0.00919 Next resistance (Target).
LTCBTC Targets by Alan Masters
(1) 0.00919
(2) 0.01041
(3) 0.01111
(4) 0.01211
(5) 0.01371
Stop loss: Close weekly candle below 0.00680 makes LTCBTC bearish.
Hit LIKE for more analysis and FREE trades.
Your support is truly appreciated.
Namaste.
Note
LTCBTC Targets by Alan Masters (1) 0.00919 -Reached 5-Jan.
(2) 0.01041 -Next target
(3) 0.01111
(4) 0.01211
(5) 0.01371
Note
We almost reach our second target.This is a solid uptrend on the 4h chart:
On the daily, LTCBTC has now broken above MA200 (black) and EMA200 (orange):
- Additional bullish action expected with a strong close above EMA200 on the daily candle.
The weekly time frame also looks really bullish:
Please note that if Litecoin takes off, you can expect all the other major alts (ADA, ETH, BCH, etc.) to also move positive... And they are moving positive.
We have ADABTC hitting our targets and ETH as well.
Weekly candle closes today... We might have a very positive/GREEN week next week...
Namaste.
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Related publications
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.