LTCBTC Yet To Show Price Action For Longs
Updated
This pair usually needs a lot of waiting for breakouts and confirmations. Anyway my thoughts on it is that there is a possibility for a long entry after absorption of selling pressure on lower time frames. Watch PA.
Keep up the work
Matt
Keep up the work
Matt
Note
First daily bullish engulfing on this pair. Look for low momentum candles which will tell you when to enter. They are usually smaller body indicating market prices are in a search for sellers who may not come.
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.