Long
LTC
Updated
See original with Boxfire indicator turned on.
As expected LTC just hanging around on the lower TF but this current setup still shows that the price is being held up (for the time being). Macro tells a similar story but more on the neutral leaning bearish side of things. That's ok, this can often happen. It doesn't always look great before take off, nor does it look bad before a dump. I say this because I have pressed my luck selling resistance and had success with LTC more than expected already. I don't have to do anything here so I wait for more confirmation. I am macro long on LTC though
Note
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.