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LTCETH trade ideas

LTCETH Bull Flag on the Daily - Good days aheadWe've heard about LTC/BTC bottoming out for the last couple months and about LTC/USD not testing its previous ATH yet and both of those being bullish, here's another formation to keep track of as we get LTC to catch up a bit. LTC/ETH on the daily is looking primed for a break out of this bull flag. Assuming we breach upper support at about ~ .13 (LTC/ETH) ish, this baby should fly. Especially if this chart lines up with the other two charts we've seen, we could have some HUGE days ahead. Hang tight - Charlies our father. Decision time on break out about a week or a little bit longer.
Long
by mrudd52024
LTCETH Local S/R| POCS/R| Price Action| Volume Profile Evening Traders, Todays analysis – LTCETH- trading above its Local S/R where a dewviation to the Daily Level is probable, Points to consider - Price Action Impulsive - Local S/R Support Confluence (POC and 21 EMA) - Daily S/R Objective - Increasing Volume LTCETH’s immediate price action is impulsive, trading at a key location with technical confluence being the POC and 21 EMA, this allows for a bullish bias. The Daily S/R is objective, exceeding this level will increase the probability of a trend change. The current volume profile is suggestive of an influx, being above average is healthy for a strong diversion. Overall, in my opinion, LTCETH is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps! Thank you for following my work And remember, “The market is a device for transferring money from the impatient to the patient.”- Warren Buffet
Long
by The_Alchemist_Trader_
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