DO not like the PA here, spot selling m20 contracts to preserve my USD capital. Halving is a meme and I believe BTC has already been riced months before it. Ofc we can revisit the highs will take a leveraged position then. Right now I am more comfy in selling magic internet meme money for $9000 apiece.
Loving the buyback here, 3% at risk sr flip here
I would like us to sweep highs above 9200 where I am looking at shorts.
A daily over this would mean we go to 9500. Looking for shorts here on a rejection.
The support here is exhausted. Third test of this support, saw a sr flip and it held twice. Most likely to break down and make new yearly lows.
6 days till halving if the price doesn't move up it shows a bearish market sentiment about ltc. RR ratio is good. PRice action looks good, good buy backs.
This is why I have longed a small position on xrp. Suppose btc breaks 10k and fomo kicks in, what would normies buy 1btc for 10k or xrp under 50 cents. Normies do not hate banks and the banks tag with xrp will take it to moon. If it breaks this support we will go lower but the weekly cross on my indicator suggests that we should be seeing a move. We are Bullish on...
Trading under 7ma, dying momentum, div on obv and rsi. Need to see a clear break over the green box.
Ltc looks good for a long. Contract expiry is near so you may long u19 pairs if you can market buy.