TradingView
BitcoinSymphony
20 Feb 2018 pukul 16.55

Litecoin testing 250.0 price Panjang

Litecoin / United States DollarCoinbase

Huraian

LTCUSD pair showed a strong rebound pattern (Double Bottom) in the Support Zone (Support Zone consists of 100.0 Psychological support, 200-days EMA, 61,8% Fibonacci level) and started the growth accompanied with rising volumes, which is a positive sign for the bulls.
Now the pair has already overcome the 200.0 resistance, drew a correction pattern and broke above with rising volume. Hence, it seems that LTCUSD is starting a new bullish wave. As soon as the price breaks above the 250.0 resistance the growth will continue until next resistance at 300.0 level.
Lebih