NoelMFlantier

Bittrex LTC/ETH. LTC starting to get some actions

Long
NoelMFlantier Updated   
BITTREX:LTCETH   Litecoin / Ethereum
Hi everyone,

I came today with a quick analysis on LTC / ETH. It seems LTC finally touched the bottum and we have signs of reversal.

- MACD indicates a turn point with plenty of room for growth.
- RSI also turned with bullish signal.
- Stochastics are also bullish

Given the actual situation accross crypto currencies, invest at you own risk. Don't try to put all your eggs in the same basket.

Instructions :
Buy - in :
0.16 - 0.18

Stop loss : 0.14

Targets :
0.237
0.312
0.391
0.473


Comment:
Lite coin is doing great. In the context of a still dropping BTC vs USD.
When we look at the 1h chart we can see that price is going up but MACD is clearly indicating retrace. This a very good signals on the coin that is momemtum is strongly bullish.

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.