LTCUSD and ETHUSD are trading in a bullish channel on 1H TF for a while now.
Confluence Points:
1. Price has retraced to 0.5 Fibo level
2. Which lines up with minor key-level and channel trendline.
Confluence Points:
1. Price has retraced to 0.5 Fibo level
2. Which lines up with minor key-level and channel trendline.
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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.