Anlvis
Long

Bearish or bullish?

BINANCE:LTCBTC   Litecoin / Bitcoin
That's it: BINANCE:LTCUSDT is able to outperform BINANCE:BTCUSDT . I see this bullish as marked support zones will make it bounce one other time. Head and shoulders which is bearish signal I can trust in. Stochastic (smooth 50) tells about good long-term perspective, while short-term (smooth 3) is bearish . Ichimoku for first support and resistance . Golden cross (50ma-200ma) which is bullish for long-term. Good volume , investors' interest in this coin will give momentum. Mid-term targets (if bounces at marked supports) are 6897-7150, but holders can think about buying at supports and wait for higher ones. Stop loss is about 7% from average entry price. Trade safe.

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