Same chart, no change. We can see Litecoin still respecting the rising trendline and producing a bounce on it as well as right above EMA50.
This is good but still early.
Yesterday's session ended as a bullish candlestick, this can be determined by the green close and the long lower wick.
There is plenty of room for additional correction and consolidation while maintaining the bullish bias.
If a bullish resumption starts today, the whole correction would have lasted between 7 and 9 days.
Short-term looks good but uncertain.
The bigger picture definitely is 100% up.
Namaste.
This is good but still early.
Yesterday's session ended as a bullish candlestick, this can be determined by the green close and the long lower wick.
There is plenty of room for additional correction and consolidation while maintaining the bullish bias.
If a bullish resumption starts today, the whole correction would have lasted between 7 and 9 days.
Short-term looks good but uncertain.
The bigger picture definitely is 100% up.
Namaste.
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