LTC Channel - possible inverse relationship with BTC
4 hours Chart
Currently in Channel
would suggest a break above the thick red line level (around 43 Mark) may form a strong breakout
My reasons
1. Break out of both resistance line and trend line
2. RSI and Stoch directions up
3. Strong inverse relationship to BTC the last 2 days
4. Fundamentally, one of the most discussed long ideas on trading view the last one week
target would be around the 48
Please do your own research
Currently in Channel
would suggest a break above the thick red line level (around 43 Mark) may form a strong breakout
My reasons
1. Break out of both resistance line and trend line
2. RSI and Stoch directions up
3. Strong inverse relationship to BTC the last 2 days
4. Fundamentally, one of the most discussed long ideas on trading view the last one week
target would be around the 48
Please do your own research
取消訂單
Break out followed by large volume bar that refused to result in big price shift.With BTC going up this trade seems unlikely for now
註釋
Keep an eye and consider reopening
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。