D4rkEnergY is ready to spread more Love and Wisdom to you guys, so you can make some money! His BTC-calls lately have been extremely accurate, even his hater, dont say anything anymore. Its a bit of shame, cause I got a lot comments, which gave me reputation points.
But thats how it is, when you are a Stellar Trader. Anyway, back to the topic - Here is an excellent opportunity. This is Litecoin (LTCM19) on BitMEX, which you can play with 10x leverage (always use a Stop Loss, and never play more than 10x).
If you dont have BitMEX, You can also go in on Binance and trade LTCBTC! But lets jump right into it, and see, why this is such a good signal.
Bullish Structure - But Alts are Dangerous
On the 4 hour you can see how we are trading inside a descending wedge, which is a bullish formation. Notice how we managed to make an extremely good bounce on exactly the end of the 70% Value Are on the Volume Profile
Here we always have huge support. Litecoin is one of the altcoins, which are in the neutral zone. Only BTC and ETH are in a Bull Market, and most other alts are in bear market.
Litecoin has before shown its power, and have led the race, so maybe its time to come back now, which is a good time, hence BTC most likely will spend a day going sideways. The last reason why LTC might be a good signal is the regular Bullish Divergece - Just remember, that altcoins are extremely shaky at the moment, and if BTC makes sudden spikes it can ruin the pattern.
With Love from D4 - and leave a LIKE, please!