RSI reset, MACD crossover, Strong Trend Line Support. I am Long Litecoin and I see this breaking out very soon, a lot of momentum coming back into Litecoin after some consolidation, volume has been there with no price action which says A LOT!
yeah went a little under support line bc of btc drop but that will go only up from here :)
KevinCompton
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@DaDude, not to worried about litecoin. Im actually relying on fundamentals to move this higher. Charlie is up to something!
DaDude
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@KevinCompton, nah not worried litecoin is rocksolid and ether is done on its panic run (yeah panic run, investors stocking up) so this will go up and I also think Charlie will do something to support the project further after his ltc pullout
markwellsjr
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just a breakout waiting to happen
ChanTheMan23
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Ok thanks for the knowledge !
ChanTheMan23
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I'm new to crypto, what does the lack of price action despite the high volume indicate ? Thanks
KevinCompton
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@ChanTheMan23, In equity it usually means a big move is coming. Macd, rsi and hold above ema’s will further confirm a bull move
mrbull1
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when do you think it will break bullish by the end of this weekend?
KevinCompton
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@mrbull1 potentially, but bitcoin will be the leader and this will follow. If Charlie drops news then it can rally very hard.