Sell LTC Buy BTC - Ratio Trade Short
Litecoin / BitcoinPoloniex
Description
⋅ Stoch still falling
MACD shows negative downtrend
Strong support @ current levels, too much red, buyers should be entering market on lower time frame setup
Resistance at .014873,
lets use the 6/13/2018 @ 11:00 big green candle as lines of demarcation
Not big on 2 hour chart but found and opportunity cause the 1 hour chart just looks too messy
found entry on hourly tho'
Setup:
Enter at .014859 - .014888(ish)
looks like the @3:00 6/17/2018 gap gotta fill - see red hanging on hourly
* as usual early on the trade - know yourself as a trader*
S/L @.0149696
T/P @ .0145344
T/p @ .014380(ish)
for double bottom, probably tweezzers setup swing high
*note did not look at BTC LTC in fiat to discern... so those should confirm ya/nay on the trade
Profit Trading