🚨 $LTC breaking out of its multi-month slump — up 18.7% to $72.
This one's been beaten down since May, grinding from the high 50s all the way to $39.
Today it finally reclaimed the range it lost, ripping through $74.86 on the highest volume I've seen on this chart in months.
RSI at 83 though, so it's overextended short term.
I'd rather see it hold above $60 on a pullback than buy this candle directly.
Payments sector catching a bid alongside majors — worth watching if this rotation continues.
DYOR | NFA
#LTC #CryptoTrading
This one's been beaten down since May, grinding from the high 50s all the way to $39.
Today it finally reclaimed the range it lost, ripping through $74.86 on the highest volume I've seen on this chart in months.
RSI at 83 though, so it's overextended short term.
I'd rather see it hold above $60 on a pullback than buy this candle directly.
Payments sector catching a bid alongside majors — worth watching if this rotation continues.
DYOR | NFA
#LTC #CryptoTrading
