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LTCEUR trade ideas

LTC/EUR possible reversal for the next few daysHi everyone, Still learning and attempting to spot a bullish momentum starting tomorrow. Price found a support and is going sideways following the top yellow trendline CCI(20) is oversold at -68 and also shows signs of support along the trendline for the past 5/6 days. CCI is oversold for about a month now EOM(14) is negative (-12) which means the price has a hard time to decrease. Eom is also negative for quite a while already and slowly goes back up TSI(20,7) is below 0 for a long time and has rebounded 5 days ago, also looking for support and has finally crossed up (-41/-42) Additionally, we can see HA candles exhaustion after a 4 days downtrend. Looking back, I found (I think I found like all newbies) the same rebound, support, TSI cross and HA candles formation beginning of February. Right now, I only use the tradingview crypto screener to estimate LTC global Volume. But I have studied Gdax Volume for the past 3 months. It seems that LTC/EUR/USD, BTC/USD and LTC/BTC volume have all reach bottom as well. If volume rises tomorrow, we'll have a few green candles . I wish i could tell you the weather for tomorrow, like...buy right about now, add a stop loss at €91/92 and take profit at €108/112 but dont! I appreciate all feedback This post is only for educational purposes.
by Grunwest
LTC back to $40 - $60?The image explains itself. Although it’s in euros, the behaviour is the same. I have to say I haven’t got any LTC and not planning to buy anything, so I’m not biased at all. It’s just an idea of what it could happen to LTC. Take your own risk when investing. I’m not responsible of your actions. As you can see in the previous pump that I have circled in red, everything that goes up, has to go down, and I’ve seen a lot of posts saying it will going up. To be honest, it’s a possibility, but use your common sense and don’t think it’s always going up, since it has to go down one day and “land” again. Once it “lands”, it has to run through the “runway” to go up again. That said, I think it will go down, touch the bottom after some small or acceptable pumps, and wait for people’s fear to stabilise. It’s a correction, but not the end. Again, trade at your own risk. I will not be responsible of your actions.
by Andbcoin
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