This pendant has been shaping up for the past 2.5 months on the LTC:BTC pair.
It broke out a few days ago (up).
It's in a huge resistance band now ... the pivot area. Facing a lot of head wind.
If it can break out of this resistance ... there seems to be a lot of upside.
Is LTC going to do something special for us?
Use at your own risk ... this is not trading advice.
Trading crypto is risky in my opinion ... but I like gambling sometimes.
It broke out a few days ago (up).
It's in a huge resistance band now ... the pivot area. Facing a lot of head wind.
If it can break out of this resistance ... there seems to be a lot of upside.
Is LTC going to do something special for us?
Use at your own risk ... this is not trading advice.
Trading crypto is risky in my opinion ... but I like gambling sometimes.
Comment:
Since June 2022, LTC has done more almost 2.8X against BTC.
It is testing a pivot area now ... if it breaks up ... $100 to $110 seems to be the next major pivot area.
It is testing a pivot area now ... if it breaks up ... $100 to $110 seems to be the next major pivot area.
Comment:
$102.6 hit ... close enough.
I expect some turbulence now ... let's see.
I hope you took this trade though ... it was fairly clear and attractive RR to me.
Never FOMO ... be as sure as possible before a trade.
I expect some turbulence now ... let's see.
I hope you took this trade though ... it was fairly clear and attractive RR to me.
Never FOMO ... be as sure as possible before a trade.
In my humble opinion, I'd say the next major resistance/pivot area is 0.0037, unless BTC has a really bad day and takes everything down.
Anyhow, this is looking pretty good.