Litecoin rally continues as bullish momentum developes..

in litecoin •  7 years ago 

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#Litecoin (LTC) has hit its groove and powered-on, however, could pull-back to 200 near the 50d SMA before further upside BOs occur. Weekly momentum remains INCREASINGLY BULLISH as it has for the past few days, and PA should move higher over the next few weeks.

The MACD formed a bullish up-cross a few days ago, with the histogram in positive expansion. Appears likely to move higher over the next few weeks. The Stochastic recently formed a bullish higher-low, and up-crossed the 20.0 line. Remains bullish from here.

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