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Litecoin Ready for Gains as Alts Turn Green - Price Analysis

From cryptoglobe.com

Major altcoins have, of late, been stepping into the void of a quiet market, as Bitcoin (BTC) is mostly going sideways at the end of a long consolidation period. Litecoin (LTC) is one of these newly animated altcoins, and we are starting to see some gains and - again, like other major alts - a possible reversal from the lows. Starting on the weekly candle which closed a day or so ago, we see a rather weird looking double doji candle formation. The candle closing on September 8 had a deep buy wick showing strong support, which did not quite translate into a reversal candle for last week’s close. Volume did not even ... (full story)

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