DU09

LTC/USD - Looking good! $300 next major bullish target

Long
BINANCE:LTCUSDT   Litecoin / TetherUS
LTC found good support on the Fib 38% level or $130 forming a nice bullish engulfing candle today (lets hope it closes like that).

The indicators are also curving nicely, with a bullish cross on 4h for MACD .

This all makes me bullish biased. If we pass the $150 level then we're ready to go higher. My bias would change if we break under $130 again.

BTC and ETH are also looking bullish (my ideas below), hence, no reason to think LTC is different.

Tomorrow we will likely have a confirmation if this trend maintains.

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