Litecoin So Bullish Today! LTC Attempting To Break Out Of The Red Zone!

Litecoin So Bullish Today! LTC Attempting To Break Out Of The Red Zone!

Bitcoin is setting new 2 year highs and alts are melting a little bit. The most obvious exception is Litecoin! What a powerful move we are seeing today! This is a breakout of our inverse head and shoulders pattern we have on the daily. We are also seeing signs of a whale trying to establish a bottom over the past 2 weeks and today we might be selling more retail investors on the idea that LTC is ready to go bullish. We are touching our weekly trendline resistance, but a close above the 50 day moving average is the biggest hurdle that we need to jump right now.

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