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Litecoin
Long
Apr 29, 2021
LTC - PUSHIN THRU
3
Grab this chart
Grab this chart
Litecoin has just broken the previous massive selloff triangle from a few days ago.
After breaking out of the triangle we have seen a solid day or more where price has stayed stagnant in an accumulation zone.
Not it looks like Litecoin is ready to rip to the $280 area now that the money flow is in the green.
RSI is also being pushed up heavily & there is a slight bounce off of the green EMA signifying a strong buy on the 4H time frame.
Solid 4:1 RRR on this trade.
Not financial advice.
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Moving Averages
Trend Lines
Triangle
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