LitecoinShort
The Daily Show: LTC (4HR Update)
Updated
So a quick update before I travel home for the day. The EMAs are flipping and as you can see at 12:00 est the candle tested and bounced off the 55 EMA. For me, that is enough to say buy, but if you want to wait for more confirmation you can and should manage your risk in the way that makes to you feel comfortable!
But this move is not the same as the one on April 2nd just because of the way the EMAs are lining up.
Now, don't go hog wild we still got some work to do still. BTC will dictate the entire market in the coming days/week.
Not advice, just my opinion.
But this move is not the same as the one on April 2nd just because of the way the EMAs are lining up.
Now, don't go hog wild we still got some work to do still. BTC will dictate the entire market in the coming days/week.
Not advice, just my opinion.
Note
5 days and the trend is still respecting the 55 EMA. the further we get the more you should be managing your risk.BTW, I stopped using my stop loss after dip on the 14th, I got stopped out and l made some foolish decisions.
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