Double bottomed and oscillators showing class B bullish divergence on the 1 H.
Ltc reached the 0.382 fib level of the Fibonacci taken from 107 high to 62 low, some profit was taken on these levels and now we touched the 0.236 fib level for a second time creating what seems like a double bottom with a bullish divergence on the 1H.
Good entry point for taking profits at the 0.5 fib level ( $84 ) 0.382 ($90) and why not 0.786 levels ( $96)
Trade with stop loss as crypto markets are strongly interrelated, BTC's volatility historically severely disturbed trends appearing on alt coins' charts
Ltc reached the 0.382 fib level of the Fibonacci taken from 107 high to 62 low, some profit was taken on these levels and now we touched the 0.236 fib level for a second time creating what seems like a double bottom with a bullish divergence on the 1H.
Good entry point for taking profits at the 0.5 fib level ( $84 ) 0.382 ($90) and why not 0.786 levels ( $96)
Trade with stop loss as crypto markets are strongly interrelated, BTC's volatility historically severely disturbed trends appearing on alt coins' charts