lightknight

LTCUSD Continuation of Bullish Trend - Long Term

Alış
BITFINEX:LTCUSD   Litecoin
Keeping this one short and sweet.

Technicals:

  • Supertrend indicator on the monthly shows that overall trend is positive and that support is building (similar to 2017 trend).
  • Vortex indicator is still green, so bullish trend reversal still in play on the monthly (similar to 2017).
  • Long term descending wedges on the LTCBTC ratio signalling strong reversal to come
  • Have not even reached higher fib levels for price

Fundamentals

  • MWEB release towards end of October
  • Omnilite and Flare smart contracts
  • LTC anniversary on 7th of October (first block mined 10 years ago)
  • Taproot upgrade
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.