LTC/BTC still bearish
LTC/BTC strong downtrend
Here some facts in TA perspective:
1. DFT indicator shows that LTC in downtrend zone (orange color)
2. Market Movement Indicator V2 => strong bear (oversold)
3. Fibo extension retracement from swing before indicate support level
In my opinion, we should wait at least until LTC/BTC break out from DFT orange zone.
We have already backtest this trading method with good result, not too bad.
Put some alert in DFT when price crossing up from lowest fibo, around 0,010539, BUY on speculation
Here some facts in TA perspective:
1. DFT indicator shows that LTC in downtrend zone (orange color)
2. Market Movement Indicator V2 => strong bear (oversold)
3. Fibo extension retracement from swing before indicate support level
In my opinion, we should wait at least until LTC/BTC break out from DFT orange zone.
We have already backtest this trading method with good result, not too bad.
Put some alert in DFT when price crossing up from lowest fibo, around 0,010539, BUY on speculation
Penafian
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