AI
Saturday, July 06, 2019 10:05:49 PM
New Impulse Phase For LTC - Bullish Divergence
With LTC halving approaching. It is easy to think it may well go up. However, conflicting indicators telling us that this is in a zone where it is make or break at the moment.
It looks like a new impulse wave but the MACD is showing bearish signs. But with an RSI divergence over the previous days, it could indicate that LTC could move up and retest some of the highs.
LTC is stable and has strong support in a lot of regions with some halving hype it could go for one last little push but this does depend on BTC at the moment.
With LTC halving approaching. It is easy to think it may well go up. However, conflicting indicators telling us that this is in a zone where it is make or break at the moment.
It looks like a new impulse wave but the MACD is showing bearish signs. But with an RSI divergence over the previous days, it could indicate that LTC could move up and retest some of the highs.
LTC is stable and has strong support in a lot of regions with some halving hype it could go for one last little push but this does depend on BTC at the moment.
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