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Shantanuupe
Nov 19, 2021 8:37 AM

Litecoin above 120 EMA Long

Litecoin / United States DollarCoinbase

Description

For a newly traded asset like LITECOIN it is observed that often moving averages act as a important trading leve just because of the high noise and volatility of the instruments. Currently LTCUSD has just crossed above its 120 EMA and in the past a swing move of 10% up is observed. We can expect the same this time amid rising vols. Buy for a TGt of 234 within next 5 days
Comments
Shantanuupe
also LTC started a swing move ... ✨✨🌟
Shantanuupe
I guess you read it in pre assumed way. It is newly traded ASSET unlike equities which have a history of more than 50 years..
BigBuxTrading
Newly traded??… with all due respect, if you don’t know that LTC is one of the ‘OG’ crypto coins, any analysis is pretty much empty….
Gunslinger2005
not a newly traded asset. one of the first cryptos
CharlieBravo2000
@Gunslinger2005, My thoughts exactly.
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