Litcoin
We might lose The $LTC local support zone#LTC formed a local support zone at $170 - $172.
Now is trading over that zone. If price hodl the hodl then we can expect a push till $185 - $187.
One another scenario can be it will break the zone and dump till the major support zone is drawn.
That's a good zone for buying opportunity 💪.
#Bitcoin is also not looking good for an up-move
Reversal Zone Indicator / bitcoin litcoinIn this video, I show my most recent indicator that I have created which spots reversal zones based on stochastic RSI indicator combined with MACD indicator.
Potential buy zones are indicated with green columns printed on the chart, and sell zones are in red. a signal is more powerful and accurate whenever its surrounded by black bars before or after.
LTC - The Bullrun Is Not Over Hi, this is my new update for LTC. LTC like other coins had a big pullback 4 days ago and it is down over 50%, but I think now it is good time to BUY, since if we look at the structure from 2017, we see that we are repeating exactly the same structure, also the pullback in 2017 was over 50% and we all know what happened after that. I think as long as the SMA200 holds we are good to go. Since Litecoin is one of the old coins and it has not reached all the way to 4.236 fibonacci level, then it tells us that there is still chances that lagging altcoins break ATH.
$LTC retestLitecoin has made a retest to its all time high after over 3 years.
Previous high from here was at around 337 and we can see price consolidation has occurred above this area.
Retest to 337 has occurred and looks to hold really well here.
Currently waiting for a closure above previous all time high and its lift off for LTC!
Previous Setup: