LTC has been in a downwards trend for quiet sometime now.
I am currently watching this current demand block.
if we break though it we should see a move down to the next demand zone or even a touch and bounce off it. that's when I will be looking for longs.
no trade just yet.
if we tweezer bottom off the support then I will be looking for longs after a break in the trend
we also haven't seen much of a consolidation on this m20 chart
LTCM20
4hr
I am currently watching this current demand block.
if we break though it we should see a move down to the next demand zone or even a touch and bounce off it. that's when I will be looking for longs.
no trade just yet.
if we tweezer bottom off the support then I will be looking for longs after a break in the trend
we also haven't seen much of a consolidation on this m20 chart
LTCM20
4hr