I came today with a quick analysis on LTC / ETH. It seems LTC finally touched the bottum and we have signs of reversal.
- MACD indicates a turn point with plenty of room for growth. - RSI also turned with bullish signal. - Stochastics are also bullish
Given the actual situation accross crypto currencies, invest at you own risk. Don't try to put all your eggs in the same basket.
Instructions : Buy - in : 0.16 - 0.18
Stop loss : 0.14
Targets : 0.237 0.312 0.391 0.473
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Lite coin is doing great. In the context of a still dropping BTC vs USD. When we look at the 1h chart we can see that price is going up but MACD is clearly indicating retrace. This a very good signals on the coin that is momemtum is strongly bullish.