Ok, we have some really subtle signals but they are visible and can build up pretty quickly.
Litecoin is trying to move forward based on this short-term chart.
- Candles: 17-Jul 4:00 lower low, lower volume compared to 14-Jul 12:00.
- Candles: 18-Jul 12:00 higher low compared to 17-Jul 4:00 session.
- Volume: The buy volume on these last sessions can also be read as early reversal signal.
- Fibs.: Bounce happening before reaching 0.618 fib. retracement.
- MACD: If you open up the MACD by double clicking on it you can see a bullish cross.
- MACD: bullish divergence as well.
These signals can gain additional strength above $93.
A session closing above $93 would lend additional strength to these signals.
- RSI: Some divergence can also be seen on the RSI. The 1H reading was oversold recently.
- Drop: A 22% correction from the latest peak.
This setup can be traded if you enjoy high risk.
Stop-loss below $88.
Hit the boost above it.
Seeing XRPUSD moving up and Bitcoin still ranging at 30K is positive.
I am thinking a long based on this setup myself, not sure if my people will enjoy the risk... Huh.
Thank you for reading.
Namaste.
Litecoin is trying to move forward based on this short-term chart.
- Candles: 17-Jul 4:00 lower low, lower volume compared to 14-Jul 12:00.
- Candles: 18-Jul 12:00 higher low compared to 17-Jul 4:00 session.
- Volume: The buy volume on these last sessions can also be read as early reversal signal.
- Fibs.: Bounce happening before reaching 0.618 fib. retracement.
- MACD: If you open up the MACD by double clicking on it you can see a bullish cross.
- MACD: bullish divergence as well.
These signals can gain additional strength above $93.
A session closing above $93 would lend additional strength to these signals.
- RSI: Some divergence can also be seen on the RSI. The 1H reading was oversold recently.
- Drop: A 22% correction from the latest peak.
This setup can be traded if you enjoy high risk.
Stop-loss below $88.
Hit the boost above it.
Seeing XRPUSD moving up and Bitcoin still ranging at 30K is positive.
I am thinking a long based on this setup myself, not sure if my people will enjoy the risk... Huh.
Thank you for reading.
Namaste.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.