Litecoin is marching to previous ATH, where will face some resistance before moving to the top of parallel channel, around 3800 USD, my final target. The coin is ready to start its bull run against BTC.
TA factors:
1- RSI broke all resistances weekly time frame;
2- Stochastic bullish;
3- MACD moved to bullish ZONE;
4- Previous ATH near middle of parallel channel.
TA factors:
1- RSI broke all resistances weekly time frame;
2- Stochastic bullish;
3- MACD moved to bullish ZONE;
4- Previous ATH near middle of parallel channel.