Ok, so between LTC, ETH and BTC, Litecoin is the one with the shyest behavior here. While BTC and ETH gave us good profits, LTC still must start a bullish trend for real.
I believe in LTC, I think it is going up, but we need more confirmation here. It didn’t even breakout the previous top yet (U$ 44.51).
I wonder if this could be a triangle (purple lines). If so, I would wait for a pullback. Triangles have a high pullback rate after a breakout (up – 62% of time / down – 65% of time), so it would be a wise and safe trade to do, especially if it does a up breakout (up breakout has a failure rate of only 25% of time).
So, work with you chances here. Be safe my friends.
I believe in LTC, I think it is going up, but we need more confirmation here. It didn’t even breakout the previous top yet (U$ 44.51).
I wonder if this could be a triangle (purple lines). If so, I would wait for a pullback. Triangles have a high pullback rate after a breakout (up – 62% of time / down – 65% of time), so it would be a wise and safe trade to do, especially if it does a up breakout (up breakout has a failure rate of only 25% of time).
So, work with you chances here. Be safe my friends.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.