Litecoin Price Technical Analysis for 20/2/2015 - Pending Uptrend

Litecoin Price Technical Analysis for 20/2/2015 - Pending Uptrend

Litecoin price resumed its journey towards the north yesterday to score a high of $1.85. The uptrend continued to control today's market and litecoin price is trading at $1.86 at the time of writing of this article. By studying the 1 hour Bitfinex (LTC/USD) charts from tradingview.com and calculating the 20 hour EMA (look at the below chart), we can better understand the market's trading pattern. On the 19th of January, the bullish rally was rather strong leading to 4 successive bullish candlesticks on the 1 hour charts. Also, we can recognize "bullish gapping" i.e. the price opens at a....


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