As you can see on the chart, Using my strategy i have found a OTZ (Optimal trading zone), this particular zone has been tested Various times with price entering and exiting from here.
The zone is between $28,133 - $27,444.
- Looking for potential breakout out of this zone, once this happens I like price to re-enter this OTZ again to establish a strong support...
- Rising Wedge pattern w / falling volume broken down.
- 3 hour significant cross of ma's (change in trend)
- Fisher trend of several months broken
- good risk reward potential
Short LTC around 0.0144 or higher with a stoploss above 0.015 (or whatever fits your strategy)
Here is a supporting chart on 3 hr
- Broke down rising wedge
- Lowering Volume
Taking this short trade, setting stop loss and leaving until the chart tells me otherwise. Will update.
(I'm not responsible for any losses)
- Uncertainty in trend (shown in ichi cloud) = potential trend reversal
- double bottom pattern
- Rising buy volume + suppressed price (bullish)
Seems like accumulation is going on w / MFTBTC. I will buy here and place a stop loss below the neckline of double bottom.
Check out my other calls (GOBTC very recent, ADABTC pump)
(I'm not responsible for any losses)
