When I watch Litecoin, it's not usually in Dollars, I almost always chart against BTC- but seeing as these are some of my first trading view posts, and as any good student, I am always learning. I figured I would draw out a possible future for LTC price downwards of $62 . and Again of $47 Currently, Each of these exisit in decreasing possibility of what happens. The third being a break outside of this channel to the upside. Again, to me, all of this is off the back of BItcoin, Which is why I usually chart its movements vs other alt currencies. I will be sure to do so in the future, but now, this is a practice run.
NOT FINANCIAL ADVICE@
NOT FINANCIAL ADVICE@
Note
This is why following the trends are so important, the moment we broke outside of this channel, under the forward momentum of Bitcoin, LTC shot up!Trade active
Looking for a breakdown inside the channel under the weakness of BTC
Arcane Bear Founder- Tijo
Join our private community of professional traders and investors :==>> arcanebear.com/private
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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.
Arcane Bear Founder- Tijo
Join our private community of professional traders and investors :==>> arcanebear.com/private
youtube.com/arcanebear
Join our private community of professional traders and investors :==>> arcanebear.com/private
youtube.com/arcanebear
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.