We have been bouncing off of my midterm Bullish trend line for the past couple weeks now. Couple things I am watching for at this point where we are looking for BTC to make uop its mind about where it wants to go.
For Bullish movement I am looking for a couple bullish candle closings positive of the resistance trend line that has been set and not broken for the...
Observation that LTCUSD has been following an anti-pattern to Bcash since the pump and dump of Bcash. interesting indicator to follow moving forward for LTC price action. I say LTC action because it seems that Bcash moves first and the LTC becomes a hedge of sorts. Interested in your thoughts and shares.
Couple observations from this channel that I am seeing.
1. the top of each rally in this channel is exactly $1K from the bottom.
2. First retrace was $700.
3. Second retrace was $700.
I am keeping an eye on this pattern for entry points and targets for getting out.
This is my first TA. Please feel free to roast my chart, but I would rather hear some good feedback.
