jbutler7

Zooming out of some of the chaos

COINBASE:LTCUSD   Litecoin / U.S. Dollar
On the weekly I see a nice bullish doji candlestick forming. I redrew my downward parallel channel (purple) and added an upward green channel which I hope LTC will continue on riding. The two channels are at an intersected point right now, and will eventually have to ride one path or the other, and I think I know which one that will be.

It helps to zoom out of the chaos a little bit sometimes and see the bigger picture.

Please comment with any constructive criticisms of my charts. For now they're pretty basic, but I'm committed to learning more techniques and progressing my TA abilities.

None of what I post is fin. advice, so buy or sell at your own risk.
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