KinkoHyoTrading

[LTCUSD] Long term Going up up up!

Long
POLONIEX:LTCUSDT   Litecoin / Tether USD
Hello Everyone,

Quick upload for LTCUSD, looking into the Weekly chart, we see that LTC has momentum.
- Stock_RSI still high and pointing upward.
- Volume Declining (always a sign of a big move (Bullish or bearish) coming up
- Ichimoku:
- TS/KS Bull cross
- Bullish Kumo opened and seems to have big Volume
- Chikou Span Above PA.
****So immediate target is what we call a KUMO SHADOW. Please look it up if you are not familiar with Ichimoku Kinko Hyo

Target 200 USD, then we expect retracement but not drastic as the chart says( I need more candles to confirm the extend of the retracement)

Anyway, be careful with your investment and do not invest more than you can afford to loose.

Thank you,
Salam
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