Hi all,
I've been digging around in TA for a little bit, but of course with the whole crypto space being what it is nobody actually knows what will happen so happy trading and make your own informed decisions!
I try to trade by patterns and some TA indicators. This run has been awesome! I am looking to up my LTC holdings through some well timed buys and sells. Currently, I am seeing an opportunity for a sell with a potential buyback within the rising channel. Of course, sometimes we see what we want to see in these charts, so again-- not financial advice.
Bearish:
I found a bearish RSI and MACD divergence in this run.
The past few cycles when RSI has reached this point there has been a major downwards correction.
Further, LTC has been trading in these triangle patterns so I am wondering what the downwards leg of this triangle will look like when it comes.
Let's see how this pans out!
Bullish:
ALT SEASON!
FOMO
Huge run this morning.
Rising channel breakout
Good luck all
I've been digging around in TA for a little bit, but of course with the whole crypto space being what it is nobody actually knows what will happen so happy trading and make your own informed decisions!
I try to trade by patterns and some TA indicators. This run has been awesome! I am looking to up my LTC holdings through some well timed buys and sells. Currently, I am seeing an opportunity for a sell with a potential buyback within the rising channel. Of course, sometimes we see what we want to see in these charts, so again-- not financial advice.
Bearish:
I found a bearish RSI and MACD divergence in this run.
The past few cycles when RSI has reached this point there has been a major downwards correction.
Further, LTC has been trading in these triangle patterns so I am wondering what the downwards leg of this triangle will look like when it comes.
Let's see how this pans out!
Bullish:
ALT SEASON!
FOMO
Huge run this morning.
Rising channel breakout
Good luck all
Comment:
BTC Broke the 60k mark. Let's see if it drags LTC down with it
I'm bearish