Litecoin
Long

Notes on LTC

275
Litecoin is definitely becoming a relevant crypto. According to the trend, like other cryptos, it has been oversold quite a bit recently and gets corrected, much like BTC and ETH. Juxtaposing DXY and GOLD definitely helps to understand the inverse relationship with GOLD and LTC vs the USD. In quite a few cases, the USD rising in value leads downward trends in cryptos and hard assets. Perhaps its a better signal than RSI in quite a few cases. Thoughts?

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.