ðĻ Litecoin Squeezing HARD! (LTC)
ðĪ Not much price action has changed on litecoin since we last did an analysis on it.
We currently still sit below what use to be old support. It is critical that litecoin can reclaim with a move up here.
Notice that we have the candles Squeezing on the Crossover strategy. Would Emma dots are showing signs of it wanting to go for a buyers market. Would like to enter if broke back above the old support level. If we compress here and turn to red we should see a point of rejection play out. I'm not the biggest fan of litecoin but it does have a good market cap and a strong userbase.
We will see how it plays out, very interesting.
Best of luck! Cheers! ðšðšðš
ðĨMLT | MAJOR LEAGUE TRADER
We currently still sit below what use to be old support. It is critical that litecoin can reclaim with a move up here.
Notice that we have the candles Squeezing on the Crossover strategy. Would Emma dots are showing signs of it wanting to go for a buyers market. Would like to enter if broke back above the old support level. If we compress here and turn to red we should see a point of rejection play out. I'm not the biggest fan of litecoin but it does have a good market cap and a strong userbase.
We will see how it plays out, very interesting.
Best of luck! Cheers! ðšðšðš
ðĨMLT | MAJOR LEAGUE TRADER
