LitecoinUpdated LITECOIN | It gets tight! Ready for a massive move?
The technicals are telling me to go short, the fundamentals (LTC Halving) are telling me to go long. So... Pick your poison.
If you are conservative then you would want to wait and see where price is going. We have a strong rejection of the down-trending trendline and if this move continues, consider a short. But if the price breaks and closes above the red trendline then consider going long.
Profit targets are Weekly M1 for Short or Weekly M4 for Long.
If you are conservative then you would want to wait and see where price is going. We have a strong rejection of the down-trending trendline and if this move continues, consider a short. But if the price breaks and closes above the red trendline then consider going long.
Profit targets are Weekly M1 for Short or Weekly M4 for Long.
Note
First Target Hit! Now is perfect time for a second BuyNote
Double Top at R1, Take Profit
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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.
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.