HI EVERYONE!!! This was a brief (10 minute) video to point out what we see in the near, medium and long term for LTCUSDT. The Near (short) term does look like more downward pressure to me. I'm posting another chart for the 12h to point out the Phoneix TSI Short Cycle indicates downward pressure is likely to commence soon but not guaranteed. As for Medium Term;...
We may experience more sideways action before pushing up one last time. Then conclude with exhaustion and a fall back to test support. Be sure to exercise proper money management when gathering your information from several traders like myself. With that said, I appreciate you investing your time to watch this video and thank you for your support. Cheers! David
We currently have selling pressure in the lower time frames but the higher time frames indicate will still have more time remaining for upward pressure. So, I believe this currently episode of downward pressure will be brief and we could expect at least one more episode of upward pressure to push us to the price range I indicate in the video publication. Link to...
We see a strong support line, however, we will have a significant retrace moment after having moved from $30-$41.