evntdra

Litecoin vs Bitcoin idea

Long
evntdra Updated   
BITFINEX:LTCBTC   Litecoin / Bitcoin
Hello world!

Today i would be sharing with you my idea on LTCBTC

from the 4 hour chart, we see that there is a wedge pattern (coloured blue).

There are possibilities that it would go up, here are my reasons:

-stoch RSI looking to make a bullish divergence,
-RSI is below 50.
-currently is sitting at the 50% fib level.

we should expect it to go up, if bitcoin does not go crazy.

This is not a financial advice!

any comments or feedbacks are appreciated!
Comment:
Triple bottom spotted in the 30 min chart:
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