Triple bull flags for #LTC #Litecoin

2021년 5월 16일

Expecting a strong push upwards for COINBASE:LTCUSD after bouncing off the new support of low 300$ zone.
as it heads back to normalize with the 50MA trendline shown above.
Bullish flags on both the 1 hour and 4 hour charts as on the MACD crosses and accumulates under average.
Then The RSI bounces off the oversold threshold showing support and further accumulation.
With #Bitcoins dominance falling, ETH becoming further independent;
the next logical sentiment falls unto LTC for a bullish climb towards new ATH .
Another indicator is the LTC/BTC chart showing Litecoin's stability against bitcoin and an imminent breakout.