gottimhimmel158

LTC showing small signs of positive movement

Long
COINBASE:LTCBTC   Litecoin / Bitcoin
LTC entered a bull flag following a steep run up. It then squiggled out, failing to make either a strong move up or down. Now, we see that LTC trades on extremely low volume, the market indicating massive indifference. Meanwhile, RSI and Momentum confirm a small recent uptrend in LTC.

If the general price trend is up - of course - and a bull flag a continuation pattern, then perhaps there could be another big move upwards in the near future for Litecoin, following this period of indifference.

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.