I'm bullish on LTC, trend is positive and a double bottom already happened, but expecting crypto market dump soon so lower prices ahead are to be expected IMO.
This is also confirmed by negative (statistical) skewness trend (pale red line), and negative volume trend yet to breakout.
I see a possible double bottom forming on LTC on an important resistance.
Based on previous volatility, I expect a sigma 3 move (3 standard deviations) to the upside as target for the pattern and next peak, which is about 110, which is also an important price level.
This is also confirmed by negative (statistical) skewness trend (pale red line), and negative volume trend yet to breakout.
I see a possible double bottom forming on LTC on an important resistance.
Based on previous volatility, I expect a sigma 3 move (3 standard deviations) to the upside as target for the pattern and next peak, which is about 110, which is also an important price level.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.