LITECOIN flashing big buy me signs!
LTC is done correcting as well as the rest of the market but its about to see a leg up.
This can be seen by firm consolidation right under the 200SMA. LTC support zones are odd and weird to trade, because it follows bitcoin price so closely.
As the moving averages come close together like this it presents a nice buying opportunity for a long or short swing.
When moving averages come so close it is easy for buyers to get on top of all of them and start dragging them up in order.
To confirm the trade wait for LTC to get back above the magenta line indicated on the chart. Trade safe and Ill see you guys in the next one.
Trustme
This can be seen by firm consolidation right under the 200SMA. LTC support zones are odd and weird to trade, because it follows bitcoin price so closely.
As the moving averages come close together like this it presents a nice buying opportunity for a long or short swing.
When moving averages come so close it is easy for buyers to get on top of all of them and start dragging them up in order.
To confirm the trade wait for LTC to get back above the magenta line indicated on the chart. Trade safe and Ill see you guys in the next one.
Trustme
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