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I believe BTC is in a slow uptrend (for now), so the pennant forming is bullish. A short term trade could be made in this area with a stop at 6200. Regardless of your entry always use stops to protect capital. Without capital you're out of the game. If you don't mind holding through dips you can set a loose stop. Even if you like to HODL it's wise to have stops at...
LTC is bouncing nicely off of the trend line following BTC. The $48 long I made a few days ago is looking great so far. My charts may not look beautiful but I believe a simple clean chart with support and resistance lines all you need. Thanks for stopping by!
I think these are good buying opportunities for the next pump (with proper SL in place). I'd be careful shorting here because BTC can pump $500-$1,000 in a matter of minutes. Thanks for checking out my TA and leave a like if you agree with this.