LTCUSD 4 had some strong consolidation for weeks. It's time to break out of consolidation. Los Angeles 2:23 AM.
LTC had found support near $58-60 levels and had consolidation for weeks. The trend has changed and is now forming a beautiful bullish flag for a leg up. Looks like LTC is trying to break out of its current consolidation trend.
What to look for:
Happy Hunting.
LTC had found support near $58-60 levels and had consolidation for weeks. The trend has changed and is now forming a beautiful bullish flag for a leg up. Looks like LTC is trying to break out of its current consolidation trend.
What to look for:
- RSI remains above 50+ and 60+ for bullish run.
- MACD is about to turn around and showing lots of room to the upside.
- Price action broke above the clouds for the bullish trend.
- Different level of targets for LTC some conservative some aggressive.
- BTC needs to remain stable and not rally to the upside or downside.
Happy Hunting.