Litecoin (LTCBTC) is now printing some really strong bullish signals and is ready to resume its uptrend.
Yesterday LTCBTC had a very strong drop where prices went below the last low but quickly moved back up and closed above it... This is the reason we use "manual stop-loss" and also wait for the weekly candle close, this drop becomes only noise and doesn't incur any loses, instead we focus on the targets next.
On the chart above we can notice really high buying/green volume the past two days and momentum building up like never before... Looks like Litecoin vs Bitcoin will produce a massive jump.
This is not financial advice. Thanks a lot for your support.
Remember to always have a plan/strategy if you decide to trade. Always use a stop-loss.