Taylor1920

LITECOIN Shows double bottom

Long
KRAKEN:LTCUSD   Litecoin
On April 10, Litecoin started a downtrend that lasted the whole day. then over a three day span Litecoin went sideways, not really showing any movement. On April 14 Litecoin had a spike in volume and hit a resistant point of 84.6. then it came back down to its sideways movement making a double bottom signal. Between volume and RSI it confirms that we have a potential breakout here in the next day or two. We should see a breakout sometime on April 19.

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