WyckoffMode

BCHABCUSDT & LTCUSDT Side-by-Side but Nothing Definitive Seen

WyckoffMode Updated   
BINANCE:LTCUSDT   Litecoin / TetherUS
In the lower time frames we do not see a definitive signal saying, "We WILL come down or we WILL go up from here." It's still kind of up in the air for both of them. In fact, this compels me to want to do another publication for LTCUSDT as a "correction" for the previous publication to point out the possibility for more sideways for a while. We simply need more of an authoritative move downward for both of them to push the indicators down to provide a more definitive answer in our TA.

In the mean time, if one wishes to keep themselves in the game, so to speak, you're pretty much forced to swing trade using the Daily (24h), 18h, 12h, 9h, 6h and 3h time frames. You would use the lowest time frames (3h & 6h) for more accurate entry or exit; the mid time frames (12h & 9h) for notification to look at lower time frames (3h & 6h) to make that entry or exit; and higher time frames (18h and 24h) to get an idea of where we are.
Comment:
UPDATE:

Using this 12h TF:


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.