Fun little structure on small timeframes, with BTC probably headed to test $58.5k, $282 is where everything would converge for LTC. Could be a scalp opportunity for longs or short entry once target is reached should this play out. Bullish convergence on oscillators implying continuation but then again those small timeframes are not very reliable in general so please take this with a grain of salt. There's just very little to work with on daily and 4h for now so no edge on real swing trades.
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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.