while we all focus on Bitcoin, LTC has broken out of the descending wedge pattern and now heading towards the upper limit of the descending channel.
Notice the favorable Stoch RSI and long term RSI support line. What we need is a little support from BTC hopefully.
Good luck
This is not your financial advice of course,go do your homework.
Notice the favorable Stoch RSI and long term RSI support line. What we need is a little support from BTC hopefully.
Good luck
This is not your financial advice of course,go do your homework.
تعليق:
not a nice candle on the hourly and now retesting the wedge line.
تعليق:
We are still out of the wedge and BBs are getting pinched on smaller time frames,meaning we shall see an action very soon. The direction is bullish biased as per RSI but can go either way.
تم إغلاق الصفقة يدويًا:
Thanks to BTC this run is short lived
تعليق:
Such a long consolidation and retesting but we got a great 4hr candle now and might commence on the up move.
تعليق:
such a huge red volume we had but over all picture for me still good.
Here is the daily view:
notice we are at our major support zone again. This support zone has been holding us at this level quite a while now. Yes, each touch weakens it but I will sell my position only i it is broken decisively.
Here is the daily view:
notice we are at our major support zone again. This support zone has been holding us at this level quite a while now. Yes, each touch weakens it but I will sell my position only i it is broken decisively.
تعليق:
forgot to mention the below is the on balance volume indicator and it shows almost no divergence,maybe a little bulish one actually.
تم فتح الصفقة:
next possible buy levels.
RSI support line might be pierced momentarily
RSI support line might be pierced momentarily