JosephApodaca

LTCBTC Downward Channel / Golden Ratio

Short
JosephApodaca Updated   
POLONIEX:LTCBTC   Litecoin / Bitcoin
Hey crypto enthusiasts,

Just a simple evaluation of LTCBTC LTCBTC . Just some things to mention include being within the downward parallel channel (hoping to be pushed out of this support region sometime by now to next month early in June. Since we are at the golden ratio support (0.618), this should be held as a solid support along with the low MACD levels. The golden cross has already occurred, but looking to see what goes after that - possibly another coming up soon since the first divergence wasn’t strong enough. Since alt coins are bound to have their comeback from the extremely pumped BTCUSD as of 21 May 2019. BTCUSDT . This coin may have a comeback sometime soon.

Good luck fellow traders

- Joe
Trade active:
LTCBTC has been bumped up 12% at a price of 0.0127 (24 May - 11AM MST). Will be hitting resistance at 0.0129.
Trade closed: target reached:
For all those who doubted me. We reached our goals.
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