LitecoinUpdated LTC/USD Strong 4hr Support!
The 4 hr trend line has held nicely throughout the night. There was a fake out that dropped right to the 4 hr trend line as you can see. We are back in the channel and Bull have the clear short term advantage. There's plenty of Bullish divergence to support my assumptions like the weekly macd about to cross like it did January leading to a 100+% gain. This might be the same outcome this time around hopefully with bigger gains with BTC halving that just took place. If this 4 Hr trend line breaks we can see a quick move to the bottom of the channel where the next S/R trend line will come into play. Lets hope the whales can push and close above the 55, 100, & 200 4hr EMA.
Hit the thumbs up button if you like my analysis plz & thank you.
This is not Financial advice, Safe Trading
Simplicity Wins
Bless Up
Hit the thumbs up button if you like my analysis plz & thank you.
This is not Financial advice, Safe Trading
Simplicity Wins
Bless Up
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