Litecoin Bullrun coming soon!
Firstly, comment if Im wrong or something is wrong!
1. Tried to break resistance, not enough momentum.
RSI was high (overbought) and momentum wasnt enough.
Dropped again to support. It helds easily and started 2
2. Strong bullish move. Broke resistance but didnt hold this time. But still lots momentum and price didnt drop much.
Second peak(continue still) tests resistance again. RSI didnt drop after peak like happened in 1,so. Much momentum.
I think there is change next bull movement starts (about 60%), and if it dont and comes to support again next time litecoin has even more potential to break resistances.
Im not professional so comment your thoughts about this. It also helps me if you say that my idea sucks so tell me in the commentsection. BTW im 16years, Thanks.
1. Tried to break resistance, not enough momentum.
RSI was high (overbought) and momentum wasnt enough.
Dropped again to support. It helds easily and started 2
2. Strong bullish move. Broke resistance but didnt hold this time. But still lots momentum and price didnt drop much.
Second peak(continue still) tests resistance again. RSI didnt drop after peak like happened in 1,so. Much momentum.
I think there is change next bull movement starts (about 60%), and if it dont and comes to support again next time litecoin has even more potential to break resistances.
Im not professional so comment your thoughts about this. It also helps me if you say that my idea sucks so tell me in the commentsection. BTW im 16years, Thanks.
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.
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.