BethanyJoy

LTC succumbing to pressure

COINBASE:LTCUSD   萊特幣 / 美元
Convergence of 100 EMA and bottom of reverse H&S channel seems to have slammed LTC out of its latest attempt to test resistance.
評論: Idea still holding, now price action is having a showdown at the previous reverse H&S neckline. If this fails, I'm next looking for minor support level around USD175.
Also: This is my first published idea! I just started studying markets about 5 weeks ago. Please provide feedback; it is welcome and appreciated. Thanks!
I like your color scheme...easy to read. You might think about labeling the following average lines for clarity for other novices, and a RSI chart at the bottom helps to see over and under sold parallel with the action above...Keep up the good work and good luck trading and predicting.
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BethanyJoy reubenw
@reubenw, thanks! I look at the markets mostly at night, so this background color helps counteract the blue light of the computer. Better for the eyes and circadian rhythms. I haven't paid for pro yet, so I have to go back and forth between oscillators and MA from what I can tell. Still learning how to use all the tools! Thanks again for your response.
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