45m: $LTC - Beautiful; Trendline Busted
Hey y'all. Lets just appreciate how beautiful LTC looks this fine Saturday.... ;)
Jokes aside, LTC can busted through the local trendline on the 45min time-frame and is now breaking above the local demand line and is getting some nice follow through from the bullish divergence i.e the RSI.
LTC is looking pretty good compared to some of the other coins and its price movement/structure is a lot more appealing when trying to size up the asset and make a better judgment on where she might go.
However, we must get confirmation via a backtest of the local demand line in order to feel a lot more confident IF one was going to put in a position.
These are just my opinions and me just charting pretty things on a saturday night.... ;)
Later traders
/r
-B
Jokes aside, LTC can busted through the local trendline on the 45min time-frame and is now breaking above the local demand line and is getting some nice follow through from the bullish divergence i.e the RSI.
LTC is looking pretty good compared to some of the other coins and its price movement/structure is a lot more appealing when trying to size up the asset and make a better judgment on where she might go.
However, we must get confirmation via a backtest of the local demand line in order to feel a lot more confident IF one was going to put in a position.
These are just my opinions and me just charting pretty things on a saturday night.... ;)
Later traders
/r
-B
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