라이트코인 / 비트코인

$LTC #Litecoin repeating history with an end of the downtrend

412
Hello lads and Ladies,

Today we are looking into Litecoin. We see very clearly an end of the long downward trend forming a very nice triangle. This would normally indicate a very soon breakout. RSI its also on a healthy rise upwards.
ANYHOW, there is a possibility that we will see a short term break down from the recent support line. We have seen this already a few times with LTCBTC that after an end of the downtrend it breaks down to the next support and just then breaks out and starts rocketing again. The break down from support after a downtrend is a very strong indicator for the next BIG MOVE on LTCBTC.
Therefore, there are two possible scenarios one that we will see a breakout right now, OR it will break the support and then have the next big move. In any case it will rise to the shown fibs lines where it might find shortly its resistance.
Considering all of the above I will put in 30% right now and divide the 70% throughout the strong buy zone.

Cheers, Tomas

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.