Litecoin ready to break its bear cycle
Just like all the other big caps and blue chips, Litecoin is showing a shift in momentum.
- Big divergence on higher timeframes.
- Super tight daily OBV channel.
- 6H kumo breakout + some healthy retracement.
- Conservative target on the chart.
Litecoin looks ready for a pump.
Also take a look at one of my older charts on the Bitcoin dominance
The idea is playing out, supports are broken. Altcoins is where you need to focus on now.
Good luck!
- Big divergence on higher timeframes.
- Super tight daily OBV channel.
- 6H kumo breakout + some healthy retracement.
- Conservative target on the chart.
Litecoin looks ready for a pump.
Also take a look at one of my older charts on the Bitcoin dominance
The idea is playing out, supports are broken. Altcoins is where you need to focus on now.
Good luck!
Trade closed: stop reached
Just look at that killer wick. Nice!Stopped out close to break even.
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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.
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.