TradingView
pocketsquare
May 6, 2020 12:05 PM

LTC ready for a 25%+ move higher Long

Litecoin / United States DollarCoinbase

Description

LTCUSD bumping against its 100 and 200 day moving averages. 50 day has begun to turn north. LTC has been a laggard so far on this move higher vs the other 'majors' (BTC & ETH). Once we break through that 100/200 dmas, it should easily have a 25%+ move to catch up.

Trade closed: target reached

at $110 the performance gap has been closed. Congrats to all who made a profit!
Comments
transparent-fx
I will be waiting for this price action on ltcusd
CrypticRaptor
It's interesting how much LTC has lagged behind BTC. Wondering if Post BTC halving there will be a secondary surge in LTC
More