as we can see from the chart. 20 ema is making a golden cross with 50 ema, and we have a wedge. if price passes 6350, i'm buying
Note
the second chart is LTC... where the cross already happened, and its up 24 cents since this cross, but no breakout yet. im optimistic though.Note
his wedge could be bearish btw... keep in mind. so just wait for a breakout for a short-term buyNote
BROKE OUT Note
fake breakouts here and there, fake breakouts everywhere Note
as i said... we are still at 6300! price dropped before but there's huge support at 6000 so it immediately rebounded :). you just gotta zoom out and kill your emotions in this market..
i don't know what will happen next though... i'll update you as soon as i get an idea
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.