LTC, as well as the other coins, is printing a really nice structure, ripe for breakout.
Namely, we have a huge bullish divergence in the RSI on the weekly timeframe, while LTCBTC is falling.
LTC is a ticking timebomb, ripe for a brutal rally, same as many other altcoins. We can go as high as the historical falling resistance line which I drew.
Namely, we have a huge bullish divergence in the RSI on the weekly timeframe, while LTCBTC is falling.
LTC is a ticking timebomb, ripe for a brutal rally, same as many other altcoins. We can go as high as the historical falling resistance line which I drew.
Note
For LTCBTC I see a zigzag move as back in 2017. We might now hit the upper resistance, then when btc starts rising massively, ltbtc dips, and then a second run later in the year, at the BTC top.
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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.