$LTC double bottom means probably longterm bullish
LTCUSD
double bottom and good buy/long entry position between fibonacci level 0-0.236.. everything under level 0 is a must buy in my opinion.
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some serious interesting constellation at the 4H.. after a double bottom the market bounced back at the resistance line/cloud/0.236 fibo level.. tenkan crossed kijun before but it was too weak. time frames up to 4H are/were oversold. 1D overbought.. also current kijun at 4H is a support level i guess for a shortterm bullish go up to the red resistance once more.. is there some kind of triple bottom too? if so and if we would hit it, it would be megatron bullish then!
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above of 1D kijun and cloud.. is it just some kind of flag?
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sitting good between the two levels. (38,2% & 50%)
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will drop to the 23,6% fibo level but i think we will stay above it