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GinsengFarmer

Going up LONG? LTC:BTC 4th MACD Cross in 2 years, Weekly Candles

Long
Litecoin / Bitcoin (COINBASE:LTCBTC)  
GinsengFarmer Updated   
COINBASE:LTCBTC   Litecoin / Bitcoin
Trend Analysis Chart Patterns Technical Indicators ltcbtclong LTC BTC LTCBTC ltcbtcbreakout macdcross
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trendanalysis chartpattern indicator ltcbtclong ltc btc ltcbtc ltcbtcbreakout macdcross
snapshot
See image please.



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Since Coinbase started trading the LTCBTC pair, the MACD on the Weekly Candles has only crossed 4 times, and the most recent was in October. We aren't seeing the volume or price increase this time, and I'm wondering if you all feel this latest MACD cross is going to be as significant as the prior three.
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thank you for reading.

GinsengFarmer
Comment:
Since this analysis, we have clearly seen bullish price movement above the prior downtrend. Hit PLAY on the chart to see what happened afterward.
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