Litecoin has hit the resistance trendline at around 0.007875 and corrective wave 4 may start from here.
Re-entry at / below 0.0071
Indicator signals @ 1D TF:
- SochRSI bearish crossover
- very high RSI and MFI levels
- bearish crossover at Wave Trend oscillator
90% long positions = very optimistic sentiment -> sell signal!
I´m not a financial adviser. For educational purpose only!
Re-entry at / below 0.0071
Indicator signals @ 1D TF:
- SochRSI bearish crossover
- very high RSI and MFI levels
- bearish crossover at Wave Trend oscillator
90% long positions = very optimistic sentiment -> sell signal!
I´m not a financial adviser. For educational purpose only!
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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.
Related publications
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.