LTC.X Crypto Tickeron detected bullish Crypto Pattern: Broadening Wedge Ascending LTC.X on November 11, 2024, netting in a 4.47% gain over 4 days
at Tickeron.com
LTC.X in +16.15% Uptrend, advancing for three consecutive days on November 16, 2024
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where LTC.X advanced for three days, in of 463 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 09, 2024. You may want to consider a long position or call options on LTC.X as a result. In of 129 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for LTC.X just turned positive on November 08, 2024. Looking at past instances where LTC.X's MACD turned positive, the stock continued to rise in of 62 cases over the following month. The odds of a continued upward trend are .
LTC.X moved above its 50-day moving average on November 06, 2024 date and that indicates a change from a downward trend to an upward trend.
The Aroon Indicator entered an Uptrend today. In of 343 cases where LTC.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where LTC.X declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
LTC.X broke above its upper Bollinger Band on November 16, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
