LTC/USD went up from $56.34 to $58.84 this Friday. LTC/USD charts golden cross as the 50-day simple moving average (SMA 50) crosses over the SMA 200 curve, which is a strong buy signal. LTC/USD went up from $56.34 to $58.84 this Friday. The immediate goal for bulls is to break into the $60 zone, which it hasn’t done since October 2, 2018. It looks highly likely that LTC/USD will be successful in doing so as it was able to chart the golden cross finally. After weeks of teasing, the SMA 50 curve finally crossed over the SMA 200 curve. This happens to be one of the most reliable buy signs in technical analysis. LTC/USD daily chart The market had a bullish breakout from a flag formation. The immediate goal for the market is to breach the $60 level and then aim for the resistance at $65. The market is already at the highest level it has been in since October 10, 2018. The relative strength index (RSI) curve is creeping along the overbought zone and the Elliot Wave Oscillator shows that the last bullish session was strong enough to reverse the histogram from bearish to bullish. The Ichimoku indicator indicates that the market is going to remain bullish in the near future. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next ETH/USD price prediction: ETH/USD has clear path till $143 – Confluence Detector FX Street 4 years LTC/USD went up from $56.34 to $58.84 this Friday. LTC/USD charts golden cross as the 50-day simple moving average (SMA 50) crosses over the SMA 200 curve, which is a strong buy signal. LTC/USD went up from $56.34 to $58.84 this Friday. The immediate goal for bulls is to break into the $60 zone, which it hasn't done since October 2, 2018. It looks highly likely that LTC/USD will be successful in doing so as it was able to chart the golden cross finally. After weeks of teasing, the SMA 50 curve finally crossed over the SMA 200 curve. This… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
