LTC/USD is currently in a tricky position. Currently the bull market is looking good. There is still a chance of litecoin dropping to the bottom of the upward channel. We have had a strong week and it might back track. However, with the rise to $48 in the last coupe of days, we might see another perfect Bull Flag. It is going to take a few days to see if the flag forms but if it is as successful as the last bull flag we will see a rise above the upward channel top line in blue. Bitcoin is looking very good right now above the 50 MA line, and still showing strength, so Litecoin may follow.
I am very much a beginner and just want to make observations and learn from them! My simple analysis is for fun and learning, please do not make trading decisions based on my observations - like I said I am just a beginner.
I am very much a beginner and just want to make observations and learn from them! My simple analysis is for fun and learning, please do not make trading decisions based on my observations - like I said I am just a beginner.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.