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Litecoin / Bitcoin
Updated

Litecoin Breakout vs BTC

208
Litecoin has broken out of a downtrend (could also be categorized as a BARR (bump and run) bottom, and could be primed for another bull run. Expecting a similar move to last time over the coming months. Taking this as a position trade, hoping to produce some good returns. You can see a similar trendline break on the candlestick chart, but personally I prefer Heikin Ashi for trend analysis.
Note
Trending upwards significantly after retesting the trendline. We're all gonna make it.
UnknownUnicorn3844238
cryptoCryptocurrencyEconomic CyclesLitecoin (Cryptocurrency)LTCBTCTrend AnalysisTrend Lines

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cryptoCryptocurrencyEconomic CyclesLitecoin (Cryptocurrency)LTCBTCTrend AnalysisTrend Lines
UnknownUnicorn3844238

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.