LTC - Riding that rollercoaster that is cryptocurrency charting
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Hi traders! Whew, what a ride! From late last night until just a little while ago, we went through a 40-pt whipsaw. I think we have stabilized now. Watching the price movement to make sure it stays within the ascending triangle or breaks to the topside. I zoomed out to the day-view for sanity and confirmation. :) It is always important to look at multiple timeframes so that you don't overreact to movement in a short period (like today!) So now that we have some perspective, let's sit back and watch if LTC attacks that .5 fib again.
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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.