saurabhbansal123
Long

LTC Bullish Momentum

BTCE:LTCUSD   Litecoin / U.S. Dollar
Litecoin looks like a safe haven for investors in the run up to Segwit2x .

It is showing a bullish pattern with RSI around 30 (oversold range)
It has been able to hold the current volume - Positive trend for OBV ( On Balance Volume )
MACD 12,26 indicates a trend reversal
Unless there is a major pullback from BTC             , LTC is experiencing huge gains.
Comment: OBV is forming a triangle. When it breaks out of the range expect huge price gains
Trade active: Buy back around the 36.4 range. Strong Bullish momentum after the correction. Bullish momentum to continue

Trade active: Price correction from 38.5 $.

CCi, RSI in the oversold range
Stoch RSI showing trend reversal
OBV reaching local minima.

Price is only going upwards from here till the resistance.
Trade active: Sushi Roll forming on the 8 hour charts and a cup and handle on the 1 hour time-frame. Excellent news