Hey guys, It's your boy SMT, welcome to the latest update on LTC. It appears as we are having a equilibrium inside bar formation appear before our eyes. LTC looks to be trading between 214 resistance and 200, psychological support. This trend is confirmed with the decreased volume noted with the red arrow.
This is just for your pirate educations, but if I was to make an entry on this formation I would wait until the trend broke up or down, above 214 or wait if it drops below 200 and watch for the oversold or overbought RSI levels. But that's me.
ShiverMeTimberz here, firing one off your bow. It be your coin I be after, ARRR!
Tell me what ya'll think. Like, subscribe, comment. This is for education purposes only.
This is just for your pirate educations, but if I was to make an entry on this formation I would wait until the trend broke up or down, above 214 or wait if it drops below 200 and watch for the oversold or overbought RSI levels. But that's me.
ShiverMeTimberz here, firing one off your bow. It be your coin I be after, ARRR!
Tell me what ya'll think. Like, subscribe, comment. This is for education purposes only.