✴️ Litecoin As A Leading Indicator (75% Potential Then More)

Litecoin is hitting a new daily high after the correction ended and the chart is now strongly bullish.

The volume is great, the MACD is flashing a very strong signal together with the RSI.

This is no surprise to you and me but it is good to point it out.

You can expect a very similar behaviour for Bitcoin and the rest of the Cryptocurrency market.

✔️ Just higher highs leading to higher lows followed by higher highs.

Notice that the correction ended 11-March and this is true for the entire market basically.

Most of the Crypto pairs bottomed 9-13 March.

Some are a bit behind others more advanced but end result is the same.

Corrections and retraces can be used as an opportunity to buy-up, buy-in, rebuy and reload to benefit from the following wave.

There is a strong hidden bullish divergence with both the MACD and RSI, which gives further strength to a higher high next.

✔️ When you consider that Litecoin has been growing for more than 9 months, since June 2022, it is hard to understand how some people still think that we are in a bearish trend.

A bearish trend means lower highs and lower lows...
This is not the case here, prices continue to go up.

We are no longer "early" as I continued to repeat just two months ago.

We are now half-way through but there is still plenty of opportunities available for those ready to take the jump.

This is not financial advice.

Namaste.