LTCBTC trend reversal
Litecoin vs Bitcoin has bearishly crossed the 50EMA which is a sign of trend reversal. The last significant bearish break of the 50EMA resulted in a 63% decrease.
Since the last bullish cross of the 50EMA, at most we saw a 130% increase in Litecoin vs Bitcoin and following the trade rules, the trade closed for 76% profit.
Trade with the trend.
Areas of support highlighted.
This script changes the colour of the candles based on the direction of the trend.
https://www.tradingview.com/script/I1SUc8J3-Trend-Trader/
Since the last bullish cross of the 50EMA, at most we saw a 130% increase in Litecoin vs Bitcoin and following the trade rules, the trade closed for 76% profit.
Trade with the trend.
Areas of support highlighted.
This script changes the colour of the candles based on the direction of the trend.
https://www.tradingview.com/script/I1SUc8J3-Trend-Trader/
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