Each time a previous support is lost it is eventually retested when new support is found. Bullish divergence on the daily. We pop up to high 30s IMO. GL all!!
Trade active:
Looking at the LTC/BTC pair it looks as though LTC has bottomed for now. Bullish divergence on the weekly. Divergence on this TF is a good indicator for a reversal as it was present for the '00' and '07' stock market crash reversals.
Looking at the LTC/BTC pair it looks as though LTC has bottomed for now. Bullish divergence on the weekly. Divergence on this TF is a good indicator for a reversal as it was present for the '00' and '07' stock market crash reversals.
Trade closed: target reached:
Target hit. Now we wait for lower. GL all!