Not a professional. Not financial advice.
It’s hard for me to believe the crypto market is ready to go up again in the short term but the LTC/USD chart surprisingly looks ready to rip if the money was to flow again.
1) It underperformed this past year relative to expectations, but on the bright side it’s been forming a giant Cup & Handle when you zoom out.
2) Within the handle a bullish 3 drives down appears to be very much in play.
3) The RSI & MACD also look primed for some divergence signals too but again I’m not an expert.
I’m looking for 3 things:
- the sell off to continue down to the $135 range
- the volume needs to shows up
- and a retest of the trend line for confirmation
Thoughts?
It’s hard for me to believe the crypto market is ready to go up again in the short term but the LTC/USD chart surprisingly looks ready to rip if the money was to flow again.
1) It underperformed this past year relative to expectations, but on the bright side it’s been forming a giant Cup & Handle when you zoom out.
2) Within the handle a bullish 3 drives down appears to be very much in play.
3) The RSI & MACD also look primed for some divergence signals too but again I’m not an expert.
I’m looking for 3 things:
- the sell off to continue down to the $135 range
- the volume needs to shows up
- and a retest of the trend line for confirmation
Thoughts?
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.