Hi all!!
Good day!
One of the most reliable coin is Litecoin (LTC).
Here is what I see in the chart.
1. Held above 7 (Yellow) and 200 (Red) Weekly MA
2. Weekly Trend Line (Blue) Breakout
Invalidate Condition:
!. Price must not fall below 200 Weekly MA
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~RPS~
Swing Trade (D, 240)
Price broke the important level at 0.0093 and we have 2 more incidents that show price tries to go above this level and rejected badly. This is one important sign that we can short this with perfect timing. We have another important level to watch for i.e 0.0085 price level because once we breached this level and typically price didn't go...
LTC big players accumulating, look at the volumes and price movements, price is not able to break upper trendline and is not falling for a breakdown either, too much competition between bulls and bears, bulls will definitely win!!!!
![LTCUSD: LTC Update [10-Nov-19]](https://s3.tradingview.com/a/ABZmFD1Z_mid.png "LTC Update [10-Nov-19]")
