An Interesting Look at LTC vs It's Long Term Trend Line....
LTC is fighting back the bears in a BIG way.....Is this a reversal? Have we broken the bear downward trend? I think it's too early to say that with confidence, BUT all the indicators are there.....a hard bounce off a critical fib support, MCAD crossing bullishly, RSI in a healthy position....time will tell.
Regardless, I think right now is a great time to go long on LTC.
This is not financial advise.
Regardless, I think right now is a great time to go long on LTC.
This is not financial advise.
Note
Added a bit more to the chart.Would love to hear you guys' thoughts!
Note
Well, I'm happy to say that this trade went exactly as planned.
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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.