LTC follows the forecast we had a week ago. It made a squiggle - for narrow assets bears need to provoke a fake bull direction in order to load cheap asset, also professional traders need shakeout period to get rid of their long stakes without strong impact on price.
Target is the upper edge of the recent trading box - 64.42. There is a primary bearish trendline as well, so we've got everything in our hands to detect a safe entry.
Safe entry is not the same as catching the exact bottom - professional traders have no such aim.
Target is the upper edge of the recent trading box - 64.42. There is a primary bearish trendline as well, so we've got everything in our hands to detect a safe entry.
Safe entry is not the same as catching the exact bottom - professional traders have no such aim.
Trader, using patented technology to detect moves of large players (market makers). Part of my techniques work on cryptos as well.
smartvolume.wordpress.com
'Follow smarts, make money'
smartvolume.wordpress.com
'Follow smarts, make money'
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.
Trader, using patented technology to detect moves of large players (market makers). Part of my techniques work on cryptos as well.
smartvolume.wordpress.com
'Follow smarts, make money'
smartvolume.wordpress.com
'Follow smarts, make money'
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.