Convergence of 100 EMA and bottom of reverse H&S channel seems to have slammed LTC out of its latest attempt to test resistance.
Komen:
Idea still holding, now price action is having a showdown at the previous reverse H&S neckline. If this fails, I'm next looking for minor support level around USD175.
Also: This is my first published idea! I just started studying markets about 5 weeks ago. Please provide feedback; it is welcome and appreciated. Thanks!
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.
Also: This is my first published idea! I just started studying markets about 5 weeks ago. Please provide feedback; it is welcome and appreciated. Thanks!