Ichimoko Cloud 1H chart in $LTC Litecoin is showing buy signal. The position is being defended by bulls with strength. Span A is rejected to keep the uptrend. Also Lagging Span has enough distance from the current price. Normally if We find more than 10 bars between the price and the lagging span is good signal of the pattern will continue the impulse. I would go long in $LTC with an strong support in 124 usd, so I place my stop loss and I will let her go!!!!
As all the cryptos we just need to keep an eye on $BTC. Bitcoin
has the power of liquidity in cryptos. If $BTC loose power, this trend will be broken.
Disclaimer: This is not a financial advice.