LxBx

LTC/Dollar - Don't see any strong signals

BITSTAMP:LTCUSD   لايتكوين
Just some thoughts.
Looks like a weak symmetrical triangle, but no strong indicator to verify a major change in the price.
The highs and lows within the triage aren't even touching the trend lines. A lot of small cycles.
Further more volume is low. Until there is a spike in volume I think current trend will continue.
Cash inflow has tapered off. If there is a spike in price, I don't think it would last too long, given the current state.

Open to hear what others think and would appreciate the feedback.

Thanks,

LxBx
إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.