Litecoin is UP today, could it be in for a new liftoff? 

Here is the daily LTC/USD chart.
![](https://steemitimages.com/DQmNpDSUyBwXqp3GbSgPguoT6nNnJV5iSKGrydaWh4FqVPp/bilde.png)
The Superguppy show a tight grey group of moving averages, but widening down.Also the blue Trend Break Arrow Alert is telling the bears may not yet be ready, but need to be confirmed.

I have lined up a couple scenarios here, within a support/resistance based  triangle.
A break in the support line can send LTC below $100 again.
![](https://steemitimages.com/DQmZqnBaw3MtKcfHfivyRscWkLvY3Gtg8qBJEnNU2PxnZFF/bilde.png)
Litecoin is traded below the 1d Ichimoku cloud.

----------

Short term looks better. We are trading up into the Ichimoku, and the traders group of Superguppy are tightening up in a grey area. The long term red investors group are not yet convinced about the price going up.
![](https://steemitimages.com/DQmSMUUQT3P6Dx71fpUgSpNFTYrhvA7XjawR7u2FoaXiHjH/bilde.png)
This short term bullishness could result in the green D in the triangle being made.



----

*These are just my thoughts, not a trading advice.*
*If you have another view on this post your welcome to discuss and post your charts in the comments.*
*If you'd like my technical analysis on another coin, please ask in the comments.*



<center><a href="https://steemit.com/@thedolphin"><img src="https://steemitimages.com/DQmX4TukYouJPNr8BAtYRwgVciQYsot8rRTuLCopzqkMxek/followThedolphin8080.png"/></a></center>


 <h4>Comments are highly appreciated, and please 
[upvote](), [resteem]() and [follow me]() if you profit or otherwise enjoy my posts !</h4> 

-------------
  <a href="https://www.mannabase.com" onClick="window.location = ('https://www.mannabase.com/?ref=10fc9683a7'); return false">Get Basic Income</a> - <a href="http://www.investfeed.com/" onClick="window.location = ('http://www.investfeed.com/datsellof?rec=a801cdf'); return false"><img src= "http://www.investfeed.com/media/images/buttons/invf_med_rect.png"/></a> - <a href="https://www.binance.com" onClick="window.location = ('https://www.binance.com/?ref=23088265'); return false">Binance</a>   - <a href="https://hitbtc.com" onClick="window.location = ('https://hitbtc.com/?ref_id=5a4ad96d5bb09'); return false">HitBTC exchange</a>   - <a href="https://1broker.com" onClick="window.location = ('https://1broker.com/?r=64127'); return false">1 Broker BTC forex</a>