Updates: Litecoin broke up the ascendent triangle!!!
Ok, as Litecoin continue up, the price at the moment is $48 USD. So, in H4 Litecoin validated the support line that form this bullish channel and we see a Litecoin that is leading to the $51 USD, that is my target. And we see that we're bullish in Litecoin in H4 timeframe. so, I put my break even in my entry price that was $46.80 USD, so, my risk/benefit is 0, that mean that I do not loss or earn, So, my position and my own money is protected by break even.
And then, we hope that Litecoin is did a retest on the $47.80 USD to then continue to bullish toward the $51 USD.
Good luck on this position
And then, we hope that Litecoin is did a retest on the $47.80 USD to then continue to bullish toward the $51 USD.
Good luck on this position
Trade closed manually:
Waoh, today altcoins is collpased by Bitcoin dominance because there ar many ATH cash that was transfer for the major assets of cryptocurrency and that is Bitcoin. So guys, as we see an Ethereum and Litecoin that appear a big red candlestick, I closed up right now, and then, I beleive that the movemet it's become bearish, but Bitcoin continue up and altcoins continue down. So, I am not in the crypto right now, I do not understand it. I believe that I do need to learn how is Bitcoin dominance work against the altcoins. Maybe, this theme is so interesting.
