- Litecoin rests on 100 MA (support).
- Litecoin bounced off of major support @ 94, which was previously in a resistance zone.
- When looking at a shorter but still relevant timeframe, like the 4h, you will notice LTCUSD has made a triple bottom.
- RSI indicates oversold conditions on LTCUSD pair. LTCBTC pair on every single timeframe is even worse off (for bears) as it is majorly oversold (hasn't been that oversold in years).
- Apart from these technical indicators, which are heavily in favour of Litecoin Bulls, Litecoin also has major fundamentals going on for it, including but not limited to:
1) Haling on August 6.
2) Global and nation-wide promotions by the Litecoin Foundation.
3) MimbleWimble & Confidential Transactions and other privacy features.
4) Ongoing development.
My question to you is; if you are not currently all-in Litecoin, then what are you doing here? Here on earth I mean. You are aware of this major opportunity, and you consciously decide not to take it? Were you born to fail?
評論:
retracted