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HatrekoS
Apr 19, 2018 5:51 PM

Opportunity on LTCUSD 

Litecoin / United States DollarCoinbase

Description

Hi guys,
Short analysis on LTCUSD.

We are testing the rising wedge upper support on the daily-chart. There's an opportunity if we break that support.

LTCUSD could go to $165 after testing the Fibonacci middle red line.

Then, you can see that we have a hidden bearish divergence on Stoch RSI, and we crossed the 100 limit.
LTCUSD could undergo a new bearish correction after that possible bullish move.

Thank you for reading !
Comments
Maximize0987
Thanks for the info. I will keep an eye on this. What resistance areas do you see here to $165? Thanks.
HatrekoS
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