Bitcoin Crazy Strength! Doge Comeback?? LTC Looks Amazing!
Amazing show of strength last night as BTC dropped nearly $1900 after breaking support at $23.7k. Normally this is how corrections start. But we still have an enormous amount of buying going on and we just keep climbing. It is mind blowing! Dogecoin is the chart of the day today since we hit our all time low for the 3rd time in history, then exited the red zone, and now we are showing strength above the 50 day sma. Don’t write off this old gem quite yet! We just might see some interesting moves ahead since this coin doesn’t have to move far to double or triple at this point! Litecoin looks amazing since we have exited a declining wedge and have popped above the 200 day sma. We might find support there AND flip resistance at 462k sats. What strengthens this trade is that the 50 day sma is crossing the 100 day sma. This is a huge signal and could keep LTC moving in an upward direction longterm! Should be fun to watch!
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