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Tmcointrade Tmcointrade PRO LTCBTC, 60,
LTCBTC: LTC/BTC Fibonacci & Tech analysis
880 0 7
LTCBTC, 60
LTC/BTC Fibonacci & Tech analysis

LTC generally traded between 0.014-0.019 in recent months. The same pattern has developed again! LTC/BTC is always so darn predictable. FYI, In 2017, LTC/BTC had a predictable run between 0.01 to 0.02 BTC. Take a look from Jan 2017 to Now. It is pretty amazingly reliable. Latest resistance has formed around 0.0186...prior resistance was located at 0.019 ...

zalgbox zalgbox SBUX, D, Short ,
SBUX: Bearish shortfall found in channel pattern ready for breakout
40 0 0
SBUX, D Short
Bearish shortfall found in channel pattern ready for breakout

Strong bearish channel found with a clear shortfall. This channel is about to burst and a breakout is imminent. Considering the bearish shortfall, a bearish outcome is more probable. Shorting here makes sense. Waiting until breakout is confirmed by a closing candle outside the channel is the prudent thing to do. Stop loss around 59.00. Expect a pullback/throwback ...

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