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MovingExponentially
Apr 13, 2018 5:45 PM

Litecoin - Buy now on Daily Chart for move up to $200 Long

Litecoin / TetherBittrex

Description

What's up my traders!

LTC is showing some excellent bullish divergence on the Daily chart. It seems to have found support around $110 dollars and is now trading at $130.

RSI - We've got the RSI making higher lows and clearly beginning a climb up. There is plenty of room for the RSI to make a strong move up into Bullish territory.

MACD - The blue fast line is now slightly beginning to pull away from the slower yellow line. There is also PLENTY of room for the MACD to move up strong.

Good trading! BITTREX:LTCUSD

Comment

Daily Chart still looking bullish with PLENTY of room to move higher. I'm holding litecoin from $137. It is working to establish a price above $140. From there it should run up to $150 in the short term (next few days)
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