Leading indicator Litecoin (LTC) is showing the way for crypto's in 2019.
Time to see what indicators say for it's next move.
The weekly MACD looks starting a bearish movement, but it could still be a false signal yet.
The RSI is still above 50%
The ADX and DI don't show any particular movement, but the ADX shows some momentum.
Following the bearish and bullish trendline my guess would be that LTC is heading for $54 in a bearish movement or could reach $160 in october in a bullish movement.
What are your thoughts? LTC upwards or not?
Time to see what indicators say for it's next move.
The weekly MACD looks starting a bearish movement, but it could still be a false signal yet.
The RSI is still above 50%
The ADX and DI don't show any particular movement, but the ADX shows some momentum.
Following the bearish and bullish trendline my guess would be that LTC is heading for $54 in a bearish movement or could reach $160 in october in a bullish movement.
What are your thoughts? LTC upwards or not?