Litecoin could be flying in the following weeks#LTC / BTC ( Binance )
Buy Range : 0.005078
Stop Loss : Weekly close below 0.004391
Target 1 : 0.007338
Target 2 : 0.010822
- Good weekly price action after retest bottom zone.
- Price has broken the downtrend finding some support in MA20+MA50 and still looking for more upside
- Good risk/reward here since price could make x2 in the next weeks/months
- RSI breakout and shared a bullish divergence
- In a daily timeframes its more clear how price action has change
- Price is well supported by moving averages and any pullback is possible but trend remains bullish
- Momentum and CCI has increased its green range in a bullish signal
More trades in my premium channels
Good luck
