Abnormal volume in BTC, divergence in LTC, long term trend bull
Updated
I notice abnormal volume on BTC-USD Coinbase compared to the more even volume of BTC on the other exchanges. Partially due to Coinbase positive news concerning Shopify, partially due to new money flowing in via Coinbase (like it or not, one of the gateways into crypto for now) due to the break of the 10k psychological mark. This money would flow into ETH and LTC before going to the alts, especially if its true that much of the new investors or people crediting their accounts are already a bit savvy on alternatives. LTC would have a lot going for it in this transfer. tradingview.com/x/LbAu1uVU/(edited)
The 77 MA has crossed the 235 MA, which is a strong sign of longer term trend change to bullish, and the Ichimoku system overall confirms that. We are not far from the Kijun so hodlers can stay strong. New positions can be opened in the area described in the photo 0.0187, where we see a lot of confluent support. Look at that strong hidden bullish divergence.
For the same reason I'm bullish on LTC, I'm much more so with Digibyte (DGB). Check out the comments in the DGB idea posted below.
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This is for educational purposes only and is not in any way financial advice.
All the best!
The 77 MA has crossed the 235 MA, which is a strong sign of longer term trend change to bullish, and the Ichimoku system overall confirms that. We are not far from the Kijun so hodlers can stay strong. New positions can be opened in the area described in the photo 0.0187, where we see a lot of confluent support. Look at that strong hidden bullish divergence.
For the same reason I'm bullish on LTC, I'm much more so with Digibyte (DGB). Check out the comments in the DGB idea posted below.
--
This is for educational purposes only and is not in any way financial advice.
All the best!
Trade active
LTC-BTC is oversold on the 4H time frame, bounce may be in play soon, and this may spill into the alts. Be wary of BTC as it hasn't retraced (at 10200 as of now).Trade active
Possible trajectory for LTC-USD Coinbase (other exchanges will follow suit, seems the gap has mostly been bridged so no arbitrage opportunities yet). Trade active
This one's adjusted more in tune with the altered Ichimoku system Trade active
LTC-USD Coinbase | Alternative extended version of previous trajectory if we get a strong bull break A closer look so you can see the hidden bullish divergence and the doji inside bar.
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