Hi guys
Today we are looking at LTC on a 1 day chart at a really short term. We can see a downtrend going on for a while now.. . I believe that we will drop a little more just to $100. This could be a good buying point.
Using the ADX indicator we can see that DI+ is laying underneath DI- , we can conclude a downtrend. Looking at the ADX which gives 40 points we can conclude that we are in a very strong downtrend. Thinking that at the middle of this month we could reach a point where the DI+ could go over the DI- and we are starting a new uptrend with likely a nice pricejump included. Going in on $100 and looking at $198 will be my strategy for LTC this month
Let me know what you guys think !
Today we are looking at LTC on a 1 day chart at a really short term. We can see a downtrend going on for a while now.. . I believe that we will drop a little more just to $100. This could be a good buying point.
Using the ADX indicator we can see that DI+ is laying underneath DI- , we can conclude a downtrend. Looking at the ADX which gives 40 points we can conclude that we are in a very strong downtrend. Thinking that at the middle of this month we could reach a point where the DI+ could go over the DI- and we are starting a new uptrend with likely a nice pricejump included. Going in on $100 and looking at $198 will be my strategy for LTC this month
Let me know what you guys think !
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.