Litecoin ready to break its bear cycle

Just like all the other big caps and blue chips, Litecoin is showing a shift in momentum.

- Big divergence on higher timeframes.
- Super tight daily OBV channel.
- 6H kumo breakout + some healthy retracement.
- Conservative target on the chart.

Litecoin looks ready for a pump.

Also take a look at one of my older charts on the Bitcoin dominance

The idea is playing out, supports are broken. Altcoins is where you need to focus on now.

Good luck!

Trade geschlossen: Stop wurde erreicht:

Just look at that killer wick. Nice!

Stopped out close to break even.