The Ichimoku cloud on LTC just crossed over to bullish. The previous times this was the case there was great bullish momentum ahead for the following few months. I think 140 is an optimistic, yet not unrealistic target for LTC in the upcoming months. Safer targets might be 100 or 120 depending on the time period you want to trade on. If you are familiar with this...
This might be a good moment to step in if you want to catch the wave up to the recent highs around the 12-13k mark. The previous three times the Ichimoku Cloud crossed green there was a lot of bullish momentum. If you are familiar with this technical indicator you will be aware that for an Ichimoku Cloud Cross to be valid you have to keep three things in mind when...