Hello traders,
Here we see the 4 hour chart of Litecoin which is moving in a perfect ascending medium trend channel.
The price has rebounded from the bottom of the channel but now we are encountering strong resistance. We have the top of February 15. This is an important resistance line and key level.
We also see the descending trend line / wedge which has not yet been broken but the RSI has already which is a positive sign.
I am going short with a very tight stop at 250 USD. Target bottom of the channel. If the stoploss is hit then I expect a further rise. The stop is so tight that eventually my loss is minimal
This is of course my opinion and not an advice.
Here we see the 4 hour chart of Litecoin which is moving in a perfect ascending medium trend channel.
The price has rebounded from the bottom of the channel but now we are encountering strong resistance. We have the top of February 15. This is an important resistance line and key level.
We also see the descending trend line / wedge which has not yet been broken but the RSI has already which is a positive sign.
I am going short with a very tight stop at 250 USD. Target bottom of the channel. If the stoploss is hit then I expect a further rise. The stop is so tight that eventually my loss is minimal
This is of course my opinion and not an advice.
註釋
De RSI is broken out with the trendline but we still did not broke out at the horizontal level 52.手動結束交易
Looking at the current situation trade is closed manually when LTC break the second trendline in the channel. The volume is extremly low so this is important. LTC has room to move up to next levels of the trend channel.
The volume is extremely low which is not a positive sign.
手動結束交易
LTC moves in the trend channel. I see higher targets now because we a re froming an inverse H-S formation.
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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。