Title is self explanatory.
Reading from others and watching indicators I was not confident this bull run would lead LTC to an ATH. But I think it has laid the ground work for the new high.
MACD and RSI are dropping and that is what we need. The further it drops the more LTC will appear as over sold and that will attract buyers. Still believe we will see a few % drop over the next week, but who knows the shoulders bottom could already be in.
Maybe we are seeing the bow string pulling back before the shot. The bears are tired of preaching over the past few months and the whales that make this market have come out to play as seen by the start of this month. Lets see who wins.
Have 'fun' or whatever you want to call trading.
This is not trading advise, never take trading advise from the internet or a noob.
Reading from others and watching indicators I was not confident this bull run would lead LTC to an ATH. But I think it has laid the ground work for the new high.
MACD and RSI are dropping and that is what we need. The further it drops the more LTC will appear as over sold and that will attract buyers. Still believe we will see a few % drop over the next week, but who knows the shoulders bottom could already be in.
Maybe we are seeing the bow string pulling back before the shot. The bears are tired of preaching over the past few months and the whales that make this market have come out to play as seen by the start of this month. Lets see who wins.
Have 'fun' or whatever you want to call trading.
This is not trading advise, never take trading advise from the internet or a noob.