LTC - Like a student driver - all over the road...

Hi traders!

LTC looks like it is tentative, unsure and indecisive all in one. We'll have to keep watching to see a more decisive break by the bulls or the bears. Until then, the tug of war will continue. Breaking above and below the lines I drew for the ascending triangle produced a strong reversal by the opposing party. When bulls tried to break out, the bears brought it back down. When the bears tried to force it further, the bulls returned with force. That is why we need to watch volume . Right now the tug of war is equal so I think it will stay right hear for another day or so. A key point to note is that it got near the .618fib before going back up. As my blue line indicates, that is key support area . After that, we'll see where LTC will take us. I am still bullish on LTC and feel it will makes its way up but it will be a bit of a bumpy ride.

Thanks for reading. Please like and follow if you find value. 

*** The ideas posted here are not a recommendation to buy or sell cryptocurrency. ***
*** The posts are for educational purposes only. ***


ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人資料設定 賬戶和賬單 發送反饋意見 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出