If your hands itching to short LTC, at least wait for a break in market structure, LTC has YET to break its uptrend since the start of it. With that said, current parabolic curve will produce a substantial correction if (when) broken.
Keep an eye on it
For those who trade on Bitfinex, IOTUSD looks not bad with a possible pop up to ~$0.40, take a look. Buying around $0.27 - $0.26 with a stop below $0.24 (aggressive) or $0.22 (more conservative), keep your risk small, guys.
Looks nicely because of rounding bottom action. Low risk buy play.
2 ways to play this
1) Buying bottom of the range (spread 71-74 buy orders), stop below the lows (below 65)
2) Buying on confirmation after price break and close above the resistance (88 sat) Note: price might not retest the breakout and just go straight to target, so there is this risk
I like how VEN looks here, buying around 100 sat (104-101) with a stop below 100 sat and targeting 150-158 sat is a play here. Another option (with confirmation) is/if VET breaks 120 sat and reclaims it as support (then buying 120 sat with a stop below that S/R and targeting same 150-158 sat)
Big companies already done reporting earnings (which is 1 of the reasons for this rally), the closest noticeable big company - CISCO $CSCO reports Feb 13, apart from that no big dogs in sight for DOW
Currently watching rising wedge with targets: ~25k; ~24750; ~24650
Keep an eye on LTC here, it is in bull pennant/flag formation, you can long it whenever inside the formation and stop just below it (marked red), this kind of tight stop will allow you to use less than 1% risk while having regular position size. That is a bit risky, so mind it. If it breaks down - we can long it even lower at better entry (see purple lines) Me...
risky play, but worth the shot, price hanging on the monthly pivot, selling pressure on obvosc diminishing, rsi oversold. Playable bounce imo off this daily block into breaker above
p.s. this is bittrex chart, adjust the difference between bittrex and bitmex premium and just add it, levels the same