#Litecoin update: forming a bullish #bat around 200DMA support - #LTCBTC #crypto

in cryptocurrency •  6 years ago 

#Litecoin is currently trading below the 20,50 & 100 DMA’s.

Yesterday’s close for #ltc was above the 200DMA

If today it manages to close above the 200DMA level at 0.0161 then it will give bullish signal,

we will have to look for price reversal confirmations, around the D leg of the Bullish bat pattern, with

Target levels being:

T1: 0.190 region
T2: 0.213 region.

However if #litecoin closes below the 0.0161 level then, below support level is at the 50fib level at 0.0152

BEF92FD8-A28F-4D0D-A5DC-A205B6382569.png

You can find the updated analysis here also:

https://www.tradingview.com/chart/LTCBTC/qAmHZXSC-Litecoin-update-forming-a-bullish-bat-around-200DMA-support/

https://twitter.com/rajista007

https://t.co/iGzDyvUelu

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LTC: LRapgEkUPwV2qENjtt3NEH8d4PPvW3sFfm
XRP Address: rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh XRP Tag: 778576383
BTC: 1LM7tHMvLSghnBw2WTk3MSvfDyiGP5uGpd
ETH: 0x47eefeeea7e7b0d0840e841fbf3b3ab28ea86f8

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