LTC had a nice run of 20% after touching the pink parabola. Now we are at local resistance which may trigger a short correction to $70. Pushing up above resistance from here would be unlikely, but possible.
Possible trade: Wait for local resistance to resolve and then consider a trade. Good chance for another 10% run once we break resistance.
Caution: BTC is approaching 17k which may trigger a sharp sell and impact all alts.
Possible trade: Wait for local resistance to resolve and then consider a trade. Good chance for another 10% run once we break resistance.
Caution: BTC is approaching 17k which may trigger a sharp sell and impact all alts.
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📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
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🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
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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.