LTC just like BTC is currently hugging onto the 100day-MA. this has acted as a good support for LTC historically. The Daily RSI looks good and we havnt seen this RSI level since the start of the "New Trend" back in September.
Currently LTC is in a tightening range on the daily and just like BTC this range will break over the next few day's. This will determine the trend for 2018 in my opinion. Lets Hope the LTC Bulls show up and keep this "New Trend Line" intact.
The weekly RSI is giving Bearish signals but the Bulls could turn this around with a new higher low on the Daily and a BULL Daily MACD Cross.
If we break the tightening range BEARISH I will be patient and will be looking for a LONG term entry into LTC in the BUY Zones A and B where we meet the 200 day MA and previous support.
COME ON THE BULLS :)
Follow like and subscribe and lets make money in 2018.
There are also opportunities to make money on Crypto even if we do get BEAR Breaks. These are usually quick trades where you hold for no longer than 30 minute-1 hour but can yield really good profits...
Stay Tuned.:)
Currently LTC is in a tightening range on the daily and just like BTC this range will break over the next few day's. This will determine the trend for 2018 in my opinion. Lets Hope the LTC Bulls show up and keep this "New Trend Line" intact.
The weekly RSI is giving Bearish signals but the Bulls could turn this around with a new higher low on the Daily and a BULL Daily MACD Cross.
If we break the tightening range BEARISH I will be patient and will be looking for a LONG term entry into LTC in the BUY Zones A and B where we meet the 200 day MA and previous support.
COME ON THE BULLS :)
Follow like and subscribe and lets make money in 2018.
There are also opportunities to make money on Crypto even if we do get BEAR Breaks. These are usually quick trades where you hold for no longer than 30 minute-1 hour but can yield really good profits...
Stay Tuned.:)
