LTC/USD - Looking confidence in a dip - I'm back in
Updated
Short video update on LTC and what i'm seeing in my charts. Start this one off a bit different in showing I just purchased some LTC earlier today and explain why I did so.
This is not trading advice, so don't follow me.
I hope you enjoyed, give a like and leave a comment.
This is not trading advice, so don't follow me.
I hope you enjoyed, give a like and leave a comment.
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Today is a perfect example of how price action can fake you out. If you have been keeping up with my post, in the past few videos, i mentioned I thought price would break back below the $200 level. Price then decided to range for days in about a $20-$25 dollar range. This ranging lead me to believe price would likely find good support at $200. Well, today we see that price has spiked down to $194.44 as of this update and based on what the charts are showing at the moment, there might be the possibility for a little more downside; although limited in my opinion.
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