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AIMORAN
Feb 21, 2019 5:16 AM

The trend says to buy when 12$ comes! Short

Litecoin / DollarBitfinex

Description

I don't think we hit the bottom. Take your profit from longs and look for points for shorts.
Comments
jbutler7
I won't negate this possibility entirely, but I want to say that just because there is a trend line does *not* mean we will actually touch it as support. Diagonal trend lines are better for trend esablishment. Horizontal supports and resistances are better for establishing support/resistance levels. I mostly use trend lines as support/resistance levels when a better channel is established with many touches on top and bottom, and look for confluence with other indicators.
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