jamiecassels

Starting to compress around big support SHORT LTCBTC

Short
jamiecassels Mis à jour   
COINBASE:LTCBTC   Litecoin / Bitcoin
We're starting to see a intraday bear flag forming around key .01 support, not good for longs. I think we make more flags before dropping big but it could happen at any time. To switch and go long LTC, I would need to see RSI break above 60 (it's been below that since early Sept) and price go above the falling trendline. In that scenario, I would wait for a retest of 60 and price trendline then exit short and go long. Otherwise I remain short. Good luck.
Trade fermée manuellement:
Owned.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.