LTC needs to breath a bit
LTC, one of my favourite coins, is clearly touching resistance currently.
6 previous times this price region has acted as a resistance and at least 2 times it acted as support.
But these days you can just never know with LTC. Thats why I suggest a tight SL at $58.01
Target is $47 region where it can also meet the 200MA, but as I said, LTC is acting up lately so make sure to use a tight SL.
Also: RSI clearly oversold on D1 and extremely oversold on 4H.
MACD also showing LTC has seen it... for now..
6 previous times this price region has acted as a resistance and at least 2 times it acted as support.
But these days you can just never know with LTC. Thats why I suggest a tight SL at $58.01
Target is $47 region where it can also meet the 200MA, but as I said, LTC is acting up lately so make sure to use a tight SL.
Also: RSI clearly oversold on D1 and extremely oversold on 4H.
MACD also showing LTC has seen it... for now..
Nota
What a shame, I now see that it is not showing the previous price action at the red arrows where this resistance was too strong
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.