point of view on the LTC market.
On the daily frame which you can't see right now LTC is facing the 50sma and 200 ema . Paired with that LTC is currently as i see it in a bearish cypher pattern combined with the bearish divergence we can see in the RSI and Macd indicators below.
I feel like this might be a good opportunity to go short on the LTC market also because Bitcoin has struggled to surpass the 3900 levels. If Bitcoin isn't able to close above the 3900/4000 levels it's likely the market will first cool off a little bit.
This is no trading advice and neither it's meant to be educational, it's simply my analysis that i want to throw out!
Best regards,
Sem
On the daily frame which you can't see right now LTC is facing the 50sma and 200 ema . Paired with that LTC is currently as i see it in a bearish cypher pattern combined with the bearish divergence we can see in the RSI and Macd indicators below.
I feel like this might be a good opportunity to go short on the LTC market also because Bitcoin has struggled to surpass the 3900 levels. If Bitcoin isn't able to close above the 3900/4000 levels it's likely the market will first cool off a little bit.
This is no trading advice and neither it's meant to be educational, it's simply my analysis that i want to throw out!
Best regards,
Sem
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.