LTC Possible trend reversal?!

COINBASE:LTCUSD   Litecoin / U.S. Dollar
Possible double bottom at $100 support (see how the daily candle closes)
RSI and MACD showing bullish divergence .

However, still in a bearish trend .
Will wait a little longer.
Trade active: touched resistance, watching carefully
Anyways, good analysis man!
+1 Reply
i think we need to look for the 155-165 zone, as that would be consistent with the last couple movements we've had down. From there, I could absolutely see us breaking to the 80s. However, it's honestly tough to say at this point; the hearing was fairly favorable, so it's reasonable that we can expect some bullishness here soon.
+1 Reply
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