Litecoin (LTCBTC) Is Taking The Lead

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Litecoin is moving ahead with strength and already trading above resistance.

It recently broke above EMA10, while EMA100 worked as support on the retrace.

The MACD is bullish and showing a signal of additional bullish action to come. While the RSI indicates that Litecoin can continue moving up.

LTCBTC main target for further strength is a strong break and close above 0.009488.

LTCBTC main support will remain at EMA50 (around 0.00900). Above this price, it can remain bullish.

Below EMA200 (yellow), it goes bearish.

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Litecoin managed to move and close above resistance. This is a positive signal.

The daily candle is looking well as well. It is almost full green/bullish, and aiming to close above EMA200 (orange line).

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"LTCBTC main target for further strength is a strong break and close above 0.009488"

And a stronger move followed...
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