Hello! Everyone enjoying our little selloff? Great news if you aren’t fully allocated. Even better news if you are since price doesn’t go straight up.
From top to bottom:
-LTC is midrange in its regression trend channel since the first big breakout over the 50 sma. Very well defined touches on the top and bottom…useful places to take profit or add to positions.
-LTC has broken down below the .382 BB and touched the 50 sma recently.
-LTC has fallen through the 5 RSI mid-line recently and is struggling to close and stay above it.
Of note is the divergence between price and RSI since April. Did price ride a bit high on block halving hopium? Do you have a stop set? Do you have conditions to re-enter or add to position? Check prior posts for ideas. Best of luck.
From top to bottom:
-LTC is midrange in its regression trend channel since the first big breakout over the 50 sma. Very well defined touches on the top and bottom…useful places to take profit or add to positions.
-LTC has broken down below the .382 BB and touched the 50 sma recently.
-LTC has fallen through the 5 RSI mid-line recently and is struggling to close and stay above it.
Of note is the divergence between price and RSI since April. Did price ride a bit high on block halving hopium? Do you have a stop set? Do you have conditions to re-enter or add to position? Check prior posts for ideas. Best of luck.