LTCBTC triple divergence on the MACD on the 1W timeframe. This was only in 2017, after which LTC grew 7 times. Now the price is at a minimum since 2017, with a similar divergence. At the same time, there is a strong downtrend on 1W. And if this week closes below 0.002994, there is a high probability of falling to the area of 0.002091 - 0.002464. There are also no reversal setups on 1D yet. I plan to buy LTC 10% of the amount from the current ones. The rest of the amount is distributed in the range of the expected fall, or I will wait for a good setup on 1D to enter.
Note
Excellent. LTC drew a reversal figure. I enter 30% at the current price (0.00316) and place a limit order for 0.003025 at 30%. I have 30% left in limit orders 0.002091 - 0.002464 in case of a force majeure. Don't expect instant profits, it's a long-term investment. But it's worth it.
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.