LTCETH has obviously seen better days, but prices relative prices between major coins usually react to historical support and resistance levels. I've been waiting for this zone for a long time. Not a huge LTC fan, but I can't ignore the technical factors here. Hoping to accumulate on the way down and take profit on the way up. No short term rush, but I also wouldn't be surprised to see a mini ~10% pump to retest the wedge in the next couple of weeks.
Note
Be super careful!! Hidden bearish divergence and RSI resistance on multiple timeframes. Short term price is not developing as well as I would have liked, but the long term idea is still valid. Note
^ Yep. Back to bullish again. Trade active
Really good swing opportunity
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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.