LTC has been on quite a tear for a good part of 2019, including a very strong run recently that peaked at .01776 BTC just 2 days ago.
Price is now sitting right near the major support/resistance level of .01567. This price level formed significant support from April to June 2018 before breaking down during a major selloff during the second half of the year. After...
The market structure continues to look abysmal for BTC with lower highs and lower lows on the higher time frames. I haven't placed a trade in months, but am looking to get in to a short position at 3438, which lies just above my noted daily breaker level, since I am anticipating a possible stop run against previous shorters which could drive the price up a bit...
BTC has now been in a fairly narrow trading range between approximately 6560 and 6850 for 3 full days and is currently hovering around 6700.
I have provided my current weekly (yellow) and daily (white) support levels in this chart.
A retest of the 6660 daily support level would offer a buying opportunity with an initial target just below daily resistance of...