BTCUSDTHello everyone 😃
Current daily candle on LTC is so worrying.
If current daily candle or any others; Closed below bullish trendline, Then see another sharp dive to reclaim lowest bullish order block, Which is located around 110$.
Now current Candle has been rejected by MA200 and it can't be a good news for LTC holders...
Also on Low TF chart :
snapshot
It seems that historical support zone is holding the pair, But I don't think it can hold it for a long time...
Now you have to focus on BTC :
snapshot
BTC is now below the important support level ..
Bulls need to reclaim this level or They will face another dive !
How ever we can count on the lower wick's support..
📌 Have to mention; Due to the big fluctuation #BTC at the moment, Alts can't move independently.
I just take time and focus on BTC only.
🔰 According to institutional positions, SHORTs are 3X more bigger the LONGs. It's not a good sign !
Hope you enjoyed our analysis about Sentiment view on LTC's possible directions🙌
You can support us with your likes.
Also you can share your opinion with us in comments 😉🙋🏼♂️
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
Helical_Trades
Dagangan ditutup: sasaran tercapai
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.