Litecoin opportunity. Looking back to recent downtrends, I'm considering the buying zone around 110 USD with prospects of a rally to 150/170 USD during June.
Can't help to notice the pattern in recent months. They say history tends to repeat itself, let's see if it's true here!
Of course it will depend a lot on how BTC performs this month...
TA
RSI close to 30. Not sure it will go down to 30, but that would be a solid indicator to buy.
Stochastic RSI gives us 4 buy signals in the last month,which adds to the signal strenght.
Bollinger Bands - I will also keep an eye on the price crossing the basis line (dark blue here)
Do Your Own Research!
Can't help to notice the pattern in recent months. They say history tends to repeat itself, let's see if it's true here!
Of course it will depend a lot on how BTC performs this month...
TA
RSI close to 30. Not sure it will go down to 30, but that would be a solid indicator to buy.
Stochastic RSI gives us 4 buy signals in the last month,which adds to the signal strenght.
Bollinger Bands - I will also keep an eye on the price crossing the basis line (dark blue here)
Do Your Own Research!
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Everything is lining up nicely. If BTC doesn't break we should have a nice ride to 150