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Litecoin / Bitcoin

$LTC Bullish Divergence On horizontal support BUT

By Tilt101
Updated
LTC showing bullish divergence on a horizontal support. This is indicative of a change in trend and an upward swing occurring.
Note
Fib support broken. Still riding along horizontal currently. If this holds with the bullish divergence we could see a nice bounce.
Overall market concerns me and could cause a drop lower.

$LTC broke through the fib support
Note
LTC trending well below the Keltner Channel indicating continued downtrend.
$LTC trending below Keltner Channel
Note
Overall I'm concerned with LTC even with the bullish divergence. Avoiding trade unless I see other positive indicators.
Trend Analysis
Tilt101
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