Daily MACD is just BOILING with Bullish Divergence. Weekly MACD is getting close to a crossover!
Have just settled on support from the $20 bottom breakout
I believe bottom is in for LTC going into 2020. We could see some consolidation for months to a year before explosive bull cycle growth. Very few times does LTC get below the Weekly 200 MA and when it does it has signified a bottom in the past and rallied back up past it. Yes the past doesn't signify what will always happen in the future, but crypto seems cyclical, and the next part of the cycle should be happening (consolidation) before the LONG awaited bull run. LONG CRYPTO!
This is not trading or investment advice.
Good luck to all!
Have just settled on support from the $20 bottom breakout
I believe bottom is in for LTC going into 2020. We could see some consolidation for months to a year before explosive bull cycle growth. Very few times does LTC get below the Weekly 200 MA and when it does it has signified a bottom in the past and rallied back up past it. Yes the past doesn't signify what will always happen in the future, but crypto seems cyclical, and the next part of the cycle should be happening (consolidation) before the LONG awaited bull run. LONG CRYPTO!
This is not trading or investment advice.
Good luck to all!
Comment:
Looking good has gone bullish since the post! You can see the channel parameters we are in here. So far so good, stay above that green!
