Litecoin very bullish against BTC right now!
Litecoin is looking extremely bullish and has a huge support under it. Accumulating now under 0.0158 Seems like a very good idea!
RSI and STOCH RSI looking oversold, hitting 50% fib level and also very bullish in probability indicators.
Stop loss MUST be place under 0.015! (Arround 5% loss if hit).
RSI and STOCH RSI looking oversold, hitting 50% fib level and also very bullish in probability indicators.
Stop loss MUST be place under 0.015! (Arround 5% loss if hit).
Note
I also forgot to comment about MA200 ! How could I? Sorry about that but basically Litecoins is really respecting it and right now it is located arround 0.0152 BTC and should support the idea of setting a stop loss under 0.015 BTC.Note
The bear vision of this chart is a descending triangle ! If the support breaks down you will see a free fall in Litecoin so be careful and set stop loss!
Note
Broke down the support. Stop loss was hit. Very small loss . The bear ascending triangle won . Time to keep an eye for a new breakout from this lower areaTrade closed: stop reached
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Dude channel:
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Dude chat:
t.me/dudearmy
Dude Twitter :
Twitter.com/thedude0ne
t.me/thedude0ne
Dude chat:
t.me/dudearmy
Dude Twitter :
Twitter.com/thedude0ne
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.