filjenbc

LTC consolidation, Kujira Cloud part II

COINBASE:LTCUSD   Litecoin
More consolidation sideways today for LTC. It seems that the price jumped the Kujira Cloud and spiked up as it moved above the blue part of the cloud. It is now testing the top of the blue portion of the cloud. If it pushed through and into the blue part of the Kujira Cloud could it find heavy support at the bottom part of the cloud? Let's keep on watching to see what plays out, but I get the sense this is the calm before it shoots up again to 380 and beyond. Do you know how to read the Kujira Cloud indicator. If so, please chime in.

Thank you, be savvy and trade on!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.