Price broke bullish from falling wedge/channel and made higher high.
We have nice confluence of local support zone with pullback to 0.382 fib retracement level.
Of course this idea is strongly dependent on btcusd move.
Its advisable to analyse LTCBTC pair to decide which currency has, at the moment, more potential against usd.
We have nice confluence of local support zone with pullback to 0.382 fib retracement level.
Of course this idea is strongly dependent on btcusd move.
Its advisable to analyse LTCBTC pair to decide which currency has, at the moment, more potential against usd.