Ok, the ltc btc pair chart looks equally as amazing if not better than the usdt pair. (when you zoom out on their charts this is just showing first target and how to enter) LTC should bring some huge gains but I'm currently playing the usdt pair because not a soul trusts btc right now. Let's get stopped out in profit! And if for some spiritual crypto reason bitcoin goes into an early bull market you can keep it as a swing trade and sell out into sats or usdt. whatever gained the most. Currently there's little difference so lets get stopped out in safety.
Alright, if ltc gets rejected at the (blue) resistance line I'm buying when it proves support on the (white) downtrend line. This would also make a beautiful inverse head and shoulders. Great way to solidify a bottom. These alt coins like to fly though so if it breaks through the downtrend line and cleanly goes through the (blue) resistance line, I'll buy on pullback.
disclaimer:
not investment advice DYOR
This is USDT pair. That means we're trading bitcoin leveraged through altcoin for usd not btc. I do not care to build satoshis while bitcoin is in a downtrend. (bitcoin looks like poop. please use a stop loss)
Target red box. If assuming bitcoin stayed bullish then this would turn into a "moony" chart.
This market takes your lunch though so put your stop in profit or immediately take some profit when your trade goes right so then your widened stop can't do damage.
Alright, if ltc gets rejected at the (blue) resistance line I'm buying when it proves support on the (white) downtrend line. This would also make a beautiful inverse head and shoulders. Great way to solidify a bottom. These alt coins like to fly though so if it breaks through the downtrend line and cleanly goes through the (blue) resistance line, I'll buy on pullback.
disclaimer:
not investment advice DYOR
This is USDT pair. That means we're trading bitcoin leveraged through altcoin for usd not btc. I do not care to build satoshis while bitcoin is in a downtrend. (bitcoin looks like poop. please use a stop loss)
Target red box. If assuming bitcoin stayed bullish then this would turn into a "moony" chart.
This market takes your lunch though so put your stop in profit or immediately take some profit when your trade goes right so then your widened stop can't do damage.