Hi guys,
Short analysis on LTCUSD.
We are testing the rising wedge upper support on the daily-chart. There's an opportunity if we break that support.
LTCUSD could go to $165 after testing the Fibonacci middle red line.
Then, you can see that we have a hidden bearish divergence on Stoch RSI, and we crossed the 100 limit.
LTCUSD could undergo a new bearish correction after that possible bullish move.
Thank you for reading !
Short analysis on LTCUSD.
We are testing the rising wedge upper support on the daily-chart. There's an opportunity if we break that support.
LTCUSD could go to $165 after testing the Fibonacci middle red line.
Then, you can see that we have a hidden bearish divergence on Stoch RSI, and we crossed the 100 limit.
LTCUSD could undergo a new bearish correction after that possible bullish move.
Thank you for reading !