Litecoin favors a 20% upswing while LTC bulls remain elusive

  • Litecoin price achieves one of the most sought-after bullish entry conditions within the Ichimoku Kinko Hyo system.
  • Markey awaits buyers to capitalize on the bullish technical conditions.
  • Failure by bulls to step in and rally Litecoin could signal imminent selling pressure.

Litecoin price has entered a tight congestion zone since the initial spike above the Cloud on October 20th. The trading range has been limited to the Tenkan-Sen at $196 above and Senkou Span B…

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