LTC's volatility has been gradually decreasing since the mid 2015 pump and is now really close to all time lows as seen on ATR%.
I don't expect the incoming move to take as long as the previous ones (given that we're already close to all time low volatility), but I found it interesting that the low points on ATR lined up date wise.
GoPro has been diving into the depths of the chart, doing price discovery and trying to find a bottom; but we can see the market has been buying these dips, as illustrated by the MACD and RSI bullish divs.
Taking the long trade here is really good in terms Risk/Reward but gambly in the sense that there's no bottom put in just yet.
BABA has surged really nicely after several months of downtrend bouncing from the low of ~$57 to inside the current Bearish OB . This OB is inside the OTE Short zone of this last downward leg.
Given the overall trend is still down, we can assume this up leg is a short squeeze and will pullback soon to test support.
To support the idea, we also have an ongoing...