sucky

Litecoin 5+ Years RSI Divergence

Long
sucky Updated   
POLONIEX:LTCBTC   Litecoin / Bitcoin
Litecoin is showing some phenomenal, multi-year RSI divergence. Such simple TA doesn't need much writing.

This is NOT financial advice.
Trade active:
Choo choo!
Comment:
Let's zoom in a bit. If LTC hits that bottom channel next and makes a down-trending channel, then boy it's going to rocket up next. I think BTC will rally past 25K to 32K next so this is the perfect opportunity for LTC to touch down on the bottom and rally up.

Comment:
Maybe it won't be a channel after all. This is THE support line we don't want LTC to fail...

Comment:
I guess suport lines are meant to be broken! But our parallel channel is showing signs of holding maybe? Super excited to see what LTC does next!


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