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SebastianofMoon
Mar 12, 2021 11:01 AM

LTC: Breakout time approaching Long

Litecoin / BitcoinPoloniex

Description

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.

Comment

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.

Comments
maxty
let's mimblewimble it!
Nicky058
Let's go
ParabolicP
Traps for sats
elliott77
I hope so...BTC double top?
ParabolicP
@elliott77 no unfollow the person who told you this
BuyGanyo
thank you
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