Description
⋅ Litecoin is moving ahead with strength and already trading above resistance.
It recently broke above EMA10, while EMA100 worked as support on the retrace.
The MACD is bullish and showing a signal of additional bullish action to come. While the RSI indicates that Litecoin can continue moving up.
LTCBTC main target for further strength is a strong break and close above 0.009488.
LTCBTC main support will remain at EMA50 (around 0.00900). Above this price, it can remain bullish.
Below EMA200 (yellow), it goes bearish.
Namaste.