jsea

ltc personal idea

jsea Updated   
KRAKEN:LTCUSD   Litecoin
things to note:
-macd seperation=bullish, macd convergence=bearish (from this point in time)
-need stronger volume.... if low volume and price stagnates or drifts down, will need to set a stop loss if it doesnt pop up soon
-a convincing break on red line (projected 25 ma) with decent volume will indicate a bearish trend
-HOWEVER if it can stay above, we can see continued upward movement
Comment:
may come to 56 then rest on blue
Comment:
ultra bullish scenario : dings 63 followed by a consolidation after hitting 79... same pattern as btc's run up to 10 k a couple months ago
Trade active:
ultra bullish scenario

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