Hello all wine lovers,
LTC is one of the projects I am watching with enthusiasm. LitePay launch has not given what we have wanted and launched only partially, thus there has been a correction alongside other altcoins. Now that it has reached in considerable low prices and getting ready to push back to its new heights.
I suggest you to check out 1h, 4h and 1d charts. In 1d chart, macd is not looking very bullish, so I am opening this analysis as "short term". Today and tomorrow will be good for LTC in my view! 4h chart MACD is breaking out in bullish terms and rsi is quite positive aroun 55-60 too. The volume is good as well and I am targeting at least 5% profit.
I will be watching it closely and keep my trade active till this level, after that we will see how it goes. What do you think about LTC these days?
Cheers mates!
LTC is one of the projects I am watching with enthusiasm. LitePay launch has not given what we have wanted and launched only partially, thus there has been a correction alongside other altcoins. Now that it has reached in considerable low prices and getting ready to push back to its new heights.
I suggest you to check out 1h, 4h and 1d charts. In 1d chart, macd is not looking very bullish, so I am opening this analysis as "short term". Today and tomorrow will be good for LTC in my view! 4h chart MACD is breaking out in bullish terms and rsi is quite positive aroun 55-60 too. The volume is good as well and I am targeting at least 5% profit.
I will be watching it closely and keep my trade active till this level, after that we will see how it goes. What do you think about LTC these days?
Cheers mates!
Comment:
The trade is still active. There has been small retraction, but it got itself back on track again. Even though MACD and RSI was giving positive signal, the volume seems to be not increasing (which was my bet for it actually to happen), thus the price is not lifting itself up. I am watching what btc will do next to decide how to act on LTC. Cheers!