LTC Make or Break - the Looming 15M Breakout
We’re setting up for a breakout struggle on the 15M. The 5M is at the edge of its regression line and seeking support around RSI 40. 1M chart is struggling to hold the line with some bullish bottoms on its RSI around 40 as well. The next several candles matter. If we can get a candle above the 15M regression line around 182, then the 1HR is cleared for a run. But if we break below 175, the bears may drag is down for another precarious dip. Stay watchful.
Disclaimer
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.