So guys! I think an imminent rise is comig for LTC, based on a lot of factors:
1) It has reached the resistance that double bottomed on february,
2) Ithas just reached a bit below MA200 and bounced back
3) TRIX seems to be reversing, and the discrepancy between it and the MA is getting lower
4) RSI has just reached oversold, coupled with stoch, and is bouncing back up as well.
Yesterday, it showed a big raise, today it fell off, but not as much as it went up yesterday, so I think it might be accumulating to soar up in the next few days!
Please leave a commend if you think I missed something.
Cheers and good trading!
1) It has reached the resistance that double bottomed on february,
2) Ithas just reached a bit below MA200 and bounced back
3) TRIX seems to be reversing, and the discrepancy between it and the MA is getting lower
4) RSI has just reached oversold, coupled with stoch, and is bouncing back up as well.
Yesterday, it showed a big raise, today it fell off, but not as much as it went up yesterday, so I think it might be accumulating to soar up in the next few days!
Please leave a commend if you think I missed something.
Cheers and good trading!