Bullish divergence on RSI (D), potential double bottom formed, resistance line from potential bottom overcome and turned into support, buy signal from strategy indicator, symmetrical triangle suggesting double bottom is about to be confirmed/invalidated. My guess is breakout, or a fake-out to 8k then breakout. Just an idea!
Bullish divergence on RSI (4hr) led to relatively high volume and 50% price increase, ending in a crisp ascending triangle that is tracking nicely. Just an idea!
This is based off of my own charts and all the charts I tagged from TV'ers I like to follow.
I think it's about time for LTCBTC to make it's move to ATH's, especially after we broke 0.022. Only time will tell!
Bitcoin doesn't usually break major resistance on the first try, but I think it will complete this inverse H&S and crush the bear trend resistance line on 2nd attempt
I think LTC will complete the inverted head and shoulders pattern, consolidate, and start new bull run.
If it doesn't start here, it will likely start after one more correction to the 4500-5500 area. Either way, I'm bull moving forward.
My guess... LTC will either take off within 48 hours (target 70-75), or look for one more triangle completion with good buy opportunity at $56 before major pump. Things are looking bright for Litecoin. When MAST and RSK news breaks, chikun should hit all time high.
Last ETH call was on the money, let's see about this one