The Daily Show: LTC confused???? (4H)
Updated
Well I have not posted much on LTC because nothing work while to report until now. LTC is having a hard time deciding where it wants to go. Right now we have a 2 possible patterns forming: a H&S or an ascending triangle. I personally think we will is a breakout in the next 3 days. Now up or down is the question. If we break down it will be a serious selloff as people are now looking for easy money and LTC is not giving that to anyone. Sideways is a game I am terrible at and I had some losing trades until I just took a step back.
This is a waiting game as of now. We are making lower highs but for any significant move we need some volume and right now the buyers must all be on vacation.
Right now, I wait and decide what is the best move and when the dominant pattern shows i'll play it.
This is a waiting game as of now. We are making lower highs but for any significant move we need some volume and right now the buyers must all be on vacation.
Right now, I wait and decide what is the best move and when the dominant pattern shows i'll play it.
Note
Note
We are on a razor's edge right now. Right now it is looking more bearish than bullish. Note
No volume lets see how far it can dropNote
We have hit a key point for LTC. This moment decides whether or not an uptrend is possible.Note
9 day of bleh.
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