I'm bullish on LTC for a number of reasons.
1. It is building a nice big pennant on the 1d chart.
2. Stoch is oversold.
3. Price remains above the kumo.
4. Big year ahead for LTC.
I do think we will drop a bit before breakout though, based on a weakening RSI, Tenkan crossing the Kijun from above and seemingly inevitable Chikou cross.
Definitely one to keep an eye on in the coming weeks and months.
PM me if you want entries, targets, custom charts, or if you want to take my chart analysis course or join my paid telegram group.
1. It is building a nice big pennant on the 1d chart.
2. Stoch is oversold.
3. Price remains above the kumo.
4. Big year ahead for LTC.
I do think we will drop a bit before breakout though, based on a weakening RSI, Tenkan crossing the Kijun from above and seemingly inevitable Chikou cross.
Definitely one to keep an eye on in the coming weeks and months.
PM me if you want entries, targets, custom charts, or if you want to take my chart analysis course or join my paid telegram group.
Comment:
So far so good. I think we are going to bounce off the top of the kumo/bottom of the pennant.
Trade active:
On target
Trade active:
BANG
