Litecoin (LTC-BTC | LTC-USD) running with the bulls!

I made a call last night that LTC would break down from a rising wedge pattern, but that pattern failed overnight when a huge increase in buying pressure appeared on the scene throughout crypto and the major names such as BTC and ETH (trailing a bit behind the other two). I'm seeing a lot of dollar-priced increases across the board, but LTC clearly leads the race for now. The rest is covered in the video.

All the best, Roti out.
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This is for educational purposes only and not financial advice.

Comment:

Information on the FUD about Litecoin Cash: www.benzinga.com/mar...ntroversy-about-its-

More on LitePay (official Twitter): twitter.com/LitePayI...s/963245378618343424

Comment:

Strong pivot from 0.215 and the 50 SMA on the 15min timeframe has proven to be enough support to bounce LTC back into the previous channel for now.

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Possible trajectory for LTC-USD Coinbase (other exchanges will follow suit, seems the gap has mostly been bridged so no arbitrage opportunities yet).

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This one's adjusted more in tune with the altered Ichimoku system

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LTC-USD Coinbase | Alternative extended version of previous trajectory if we get a strong bull break

A closer look so you can see the hidden bullish divergence and the doji inside bar.

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LTCUSD Coinbase | 21m return to price channel w/ selling pressure, but bull vol is high. Could become a rising wedge, careful.

Be sure to watch the Watchlist Updates where I have been following this asset carefully.

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Trading target adjusted to: 275, considering overhead resistance and predicting overbought levels in BTC in coming days.