Litecoin could make a big move

Feb 1, 2020

Lite coin penetrated through the resistance of sideways channel but it paused by the resistance ob 200 EMA (on daily chart). Small retracemnet is expected (RSI suggesting it) before making another try. But if LTC penetrates 200 EMA than a big move could happen. The line is thin and it could happen also without retracement so be prepared for jumping in. The volume is also right.

Feb 2, 2020

Note

Still waiting for the safe point to enter. I will wait until price touches white uptrend support line.

Feb 4, 2020

Note

Waiting for retracment to just bellow 0.007 which is 50% retracement. Could happen somewhen until 12th Feb.