- Key Level - MACD - Other Low cap defi are pumping (MKR, SNX,...)
Channel lower boundary, playing SPX opening for top corona crash, volume increasing
It's interesting to notice that if you ignore BTC and ETH consider the hypothesis that they are over-hyped, but instead focuses on LTC, the market still appears to be in a depression situation. It could mean that LTC is dying slowly or that the whole market is still in depression, slowly recovering, with a new full cycle ahead.
- Bullish div on RSI - Poor risk/reward ratio - Doubtful FA
- Double top on a key level - End of lockdown sell the news
Hard resistance (pre-corona dump) - Sunday / Weekly closing - Momentum - RSI divergence - Volume increasing
Bottom wedge, under SMA, MACD TP 1: top wedge @ 12.5k sats TP 2: Daily target @ 16k sats
Interesting trade in case of closing above 1$. - Historiccal monthly lower low swing at 1.17$ - Currently Fighting 1$ level - Low BTC correlation (50%)