- Short term ; Resistance : 0.0103 satoshi & 0.00994 satoshi || Support : 0.00977 satoshi & 0.00963 satoshi . - Nice break out from symmetrical triangle formation as it's suspected to hit the next resistance of fibonacci line at 0.0103 satoshi. - Indicators is over extend. i expect a minor consolidation before it resume it's bullish movement as the indicators on positive divergence. - I'm bullish as long the price action for LTCBTC remain above 1 (since december 2018),2 ( since march 2017) ,3 ( support symmetrical line) lines.
4 hour indicators - CCI + EMA : CCI is reach an over extended level, EMA on bullish zone indicate a good momentum for LTCBTC. both of it made a lower high and higher high as it's a bullish sign for now. - OBV histogram : show a sign of interest for LTCBTC as the histogram spikes up. meaning a large sum of money flow toward LTCBTC recently. - CMF : Hidden Bullish Divergence is sighted.
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ouch... it's just drop like a rock.. lol
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expect up trendline 1 to be the last bastion of support for LTCBTC.. beyond that.. God save Charlie Lee
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Nice hit on the 1st trendline. if it doesnt hold above it for a while. i expect halving event becoming Halving in price..