Could go either way from 22
If it breaks over 22, 22.4 has fvg but it's on longer tf so these are weak.
22.8 major resistance.
Under 21800 it will look bearish.
Unclear to me which way it will go.
LTC looks short to me, so I'm kind of watching alts atm to figure out the market sentiment.
Look for price agreement into 22 and a decision from the ascending triangle.
If it breaks over 22, 22.4 has fvg but it's on longer tf so these are weak.
22.8 major resistance.
Under 21800 it will look bearish.
Unclear to me which way it will go.
LTC looks short to me, so I'm kind of watching alts atm to figure out the market sentiment.
Look for price agreement into 22 and a decision from the ascending triangle.
Note
It's broke over 22 but not much volume to sustain momentum. Keep an eye out - I added to my position but it may end up closing flat. Average entry is 21913 for me and I'm just holding an SL around there.
I hedged a short and took enough on it to cover fees.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.