!!! LTC is really strong lately, with heavy breakout following EXACTLY the ascending canal for months now. !!!
The RSI stoch are entering the 80+ area:
"Signal de sur achat ou de sur vente : quand le Stochastic RSI est au dessus de 0.80, alors la valeur est considérée comme sur achetée et une correction à la baisse pourrait intervenir dans le futur proche."
+
"si le Stochastic RSI est en baisse et franchit le niveau 0.80 tandis que le cours de clôture est en hausse, alors cette divergence peut être interprétée comme un signal de vente."
www.axialfinance.com...ateurs/pageSTSI.html
2 scenarios:
a) we break higher with a lot of volume, if BTC keeps pumping/ranging and bring back some FOMO
b) the main resistance at 105e doesn't break yet, and we retest the 80e support where I'll put some buy orders with pleasure. IMHO bullish here, even though a possible bull trap with BTC could hurt I really don't see us bellow 65e/70e for 2019.
So I advise you to sell with those targets: 100e, 115e, 125e.
The RSI stoch are entering the 80+ area:
"Signal de sur achat ou de sur vente : quand le Stochastic RSI est au dessus de 0.80, alors la valeur est considérée comme sur achetée et une correction à la baisse pourrait intervenir dans le futur proche."
+
"si le Stochastic RSI est en baisse et franchit le niveau 0.80 tandis que le cours de clôture est en hausse, alors cette divergence peut être interprétée comme un signal de vente."
www.axialfinance.com...ateurs/pageSTSI.html
2 scenarios:
a) we break higher with a lot of volume, if BTC keeps pumping/ranging and bring back some FOMO
b) the main resistance at 105e doesn't break yet, and we retest the 80e support where I'll put some buy orders with pleasure. IMHO bullish here, even though a possible bull trap with BTC could hurt I really don't see us bellow 65e/70e for 2019.
So I advise you to sell with those targets: 100e, 115e, 125e.
Trade closed: target reached:
So the first target at 105e was hit, however LTC didn't show enough strength to go further :( . Hopefully I closed almost all my position with nice profits at this first target.
Will buy back at 80/85e !
Will buy back at 80/85e !
Trade active:
Bought some more at 105e, no time to lose here ahah.
