HRoark64

LTCUSD Breakout?

Long
COINBASE:LTCUSD   Litecoin
Just noticed LTC has put in three lower lows on the 4h chart and has made a strong upward cross on the 5 period RSI. This comes at the convergence of trend lines and showing an uptrend in Heiken Ashi. Daily looks like it's following suit, will confirm with a close above the 50 wma and similar upward cross of the 5 period RSI mid-line.

Maybe a bull trap or maybe the breakout leading up to a halving blow off top. I know how I'm playing it. Best of luck.

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