This is my view on LTC/USD.
Closest target is above 41.3 usd, I'm expecting bounce(+3% to 5%).
Last target is 62$ to 65$.
Good luck in trading!
Closest target is above 41.3 usd, I'm expecting bounce(+3% to 5%).
Last target is 62$ to 65$.
Good luck in trading!
Trade active
Note
Note
Currently market going red, following the BTC uncertain and deposit/withdraw locks on many platforms. So be aware, check for the news and keep calm!Trade closed: target reached
Note
Target 1 reached. Now looking for a bounce to 42.5$ level. I hope it will not crush lower 40.3$ level, because than it doomed.
Trade active
Target 1 and Target 2 been reached. Now expecting new attack on support line around "bounce area" if it holds, overall uptrend will continue. If not, that is unlikely, short it to 39$ level.
Good luck)
Note
Trade closed manually
Trade active
Trade closed: target reached
Trade active
Good day folks. So we are witnessing strong resistance meets with uptrend and forming triangle. This is important moment for ltc to decide trend direction for next week. We still have some room on rsi and wave to move up, and there is not that much sell pressure for now, but as all eyes look into bitcoin now, chikun can make surprisingly strong up move. Let's see how it act next 5 hours.
Happy trading!
Trade closed manually
We have correction wave that actually started a day ago, as LTS was not able to break thru medium resistance twice, as result it break down mid support and get back to price about 42$ and bounced from there. We can see that RSI on 30m. shows local reversal. No we need to watch for next 5 1H candels, if they close above next resistance it will be a good buy signal. If no, that it is a good time for scaplers and bots)))
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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.