Litecoin Price Reversal
The price bounced from 36.00 support level. RSI and a strong bullish candle confirmed price reversal. MACD supports upward movement. ADX line of DMI indicator starts falling and it tells us that we should not expect strong downward movement. Based on this signals it's possible to open long trades and hold them in long run. But if you need confirmation that the correction is over, you should wait for price breakouts above the downtrend lines and SMA100. If the market drops to 36.00 support level one more time, it will be a good buy opportunity.
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