Hi friends, I want to show a very strong bullish signal in Daily chart for Litecoin. I think you are familiar with such a definition as the Golden Cross.
Golden Cross - If a 50-day moving average crosses a 200-day moving average, this is a sign of an emerging bullish trend.
Many traders often use the intersection of moving averages (MA) in their practice as a signal to enter a trade. Such an intersection is called the Golden Cross.
However, moving averages have one very bad property - they are late for the price. It happens that the movement is already ending, and moving averages only intersect.
In General, the market looks very good and I expect the movement to continue, especially for those coins that are in the top 30 by capitalization, why these coins, everything is simple for a big player it is possible to invest a relatively large capital in coins with a live market, with a large capitalization, good trading volume, where there are many players. And if you have seen my previous analyse, I said that Litecoin will fly.
I see more potential for growth, especially since the Golden cross is coming soon.
Golden Cross - If a 50-day moving average crosses a 200-day moving average, this is a sign of an emerging bullish trend.
Many traders often use the intersection of moving averages (MA) in their practice as a signal to enter a trade. Such an intersection is called the Golden Cross.
However, moving averages have one very bad property - they are late for the price. It happens that the movement is already ending, and moving averages only intersect.
In General, the market looks very good and I expect the movement to continue, especially for those coins that are in the top 30 by capitalization, why these coins, everything is simple for a big player it is possible to invest a relatively large capital in coins with a live market, with a large capitalization, good trading volume, where there are many players. And if you have seen my previous analyse, I said that Litecoin will fly.
I see more potential for growth, especially since the Golden cross is coming soon.
Catatan
LTCUSD
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Show your skill pnl.world/auth?ref=90144806
Crypto ex bitunix.com/register?vipCode=Ri1J7239
Portfolio excavo.com/stocks
Tg t.me/excavo
t.me/EXCAVOREFF_bot
trading-tournaments.com/
Crypto ex bitunix.com/register?vipCode=Ri1J7239
Portfolio excavo.com/stocks
Tg t.me/excavo
t.me/EXCAVOREFF_bot
trading-tournaments.com/
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.