Hello my beauties.
Litecoin has just entered a nice range, and for those of you who like trading them, long at support and short at resistance.
I will take a position if I see a nice reaction from the bottom, and possibly trade a breakout.
My analysis is based on Wyckoff events, and this ticks all the boxes of an early re-accumulation phase.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
Litecoin has just entered a nice range, and for those of you who like trading them, long at support and short at resistance.
I will take a position if I see a nice reaction from the bottom, and possibly trade a breakout.
My analysis is based on Wyckoff events, and this ticks all the boxes of an early re-accumulation phase.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
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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.
Related publications
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.