Litecoin Longterm Analysis

24 Mar 2018

Tonight we are looking at the Litecoin Chart. Based on what I am seeing here we are in the process of completing inverse head and shoulders which is a very bullish sign. This could potentially be the end of the bearish trend litecoin has been having! The 4 hour MACD lines are also looking to swing momentum of Litecoin to follow the Elliot Wave Analysis. Once again this is just an idea and is not a guarantee that the bearish trend has been finished but looks somewhat promising. Let me know in the comments what you think and please leave a like if you enjoy/agree with this analysis I have made. I would really appreciate it! Any positive criticism helps! Thanks