LTCUSD COINBASE DAILY TIME FRAME LTC $100 BULLISH
LITECOIN BULLISH HEADED FOR $100! Los Angeles 7:39 PM.
LTC is looking really bullish as it broke out of its daily trend. It looks like it may take some time to set up for a $100 price. It took about two weeks for the price to fall from its previous ATH so I assume it'll take couple days to reach $100. RSI broke the 60 for a bullish run while the price action is above the kumo and from its triangle trend. I am looking for ADX to reach above 25 for the run to start.
What to look for:
LTC is looking really bullish as it broke out of its daily trend. It looks like it may take some time to set up for a $100 price. It took about two weeks for the price to fall from its previous ATH so I assume it'll take couple days to reach $100. RSI broke the 60 for a bullish run while the price action is above the kumo and from its triangle trend. I am looking for ADX to reach above 25 for the run to start.
What to look for:
- Price action to stay above the kumo.
- Healthy RSI of 60+.
- ADX above 25+. (Laggard indicator)
- Lock in your profits slightly before the target.
- Volume from the masses.
- Set your stop losses to protect your assets.
Commento:
LTC looks weak with BTC short