Now as far as litecoin i can say that it has a more "comprehensive" behaviour as an financial asset that's why i am publishing this trade.
1.We can see the ascending that it has been respected quite a time now.
2.We can also notice the Stochastics that are in the oversold area ready for another rally.
3.We have a nice bounce form the 61,8% of the last swing.
4.the 200EMA has a positive slope and long trades are favored as we are in a bull market.
5.We have a cross-over from the conversion line with the base line of the strategy.
6.We have a green as a suppport.
7.Price action with long wick under the candle suggests buying power.
POSSIBLE LONG TRADE
ENTRY PRICE AT 43.860$ LEVEL
STOP LOSS AT 40$ LEVEL
TARGET T1 AT 50$LEVEL
KEEP FOLLOWING FOR MORE PROFITS!