Here we are looking at Litecoin (LTCM19) on BitMEX.
I am getting the feeling that it can break to the upside here. There is a room for one last drop though, maybe small.
Notice how LTCM19 moved up to EMA50 (magenta line) and was rejected by it but without strength, it remained trading just below this level hitting it over and over.
There was an attempt on 30-May to push LTC down but it quickly bounced when it touched EMA10.
The remains strong.
The looks weak, but not a big deterrent.
Possible scenarios are drawn on the chart.
Feel free to hit like to show your support.
If this trade idea receives over 111 likes, we will share a full trade for LTCM19 with 5X leverage and over 100% profits potential.
Thanks a lot for reading.
If you scroll down you can see the full trade.
Take a look at it here:
I'll be sharing the trade now.
Wishing you great wealth, happiness, growth, luck, and infinite success.