LTC – Big Moment
Litecoin / Dollar BITFINEX:LTCUSD
Hi, this is my new update for LTC. We are in a beautiful falling parallel channel for 5 months, but I think now it is time to choose a big direction. We are now under both the 50 days and 100 days moving averages, but once we get above these levels the next resistance is around 122$. I think we have big resistances on our way if we want to break this falling parallel channel , but I expect once we break it then we are ready to takeoff. If we get big green candle next week after 4 weeks with red candles, that will show us that we are ready for bullish momentum on both MACD and RSI .
