LONG Litecoin - Playing the Triangle Breakout
1 Hour triangle clearly forming on LTC.
I suggest waiting for a breakout either direction on high volume, my initial reaction is that LTC will breakout to the upside as we can clearly see last time we got a 4 Hour MACD cross after RSI reached oversold and Stoch RSI went from oversold to overbought we got a rally in LTC.
I am long a small amount of LTC and will add on the breakout or sell on the break down.
I suggest waiting for a breakout either direction on high volume, my initial reaction is that LTC will breakout to the upside as we can clearly see last time we got a 4 Hour MACD cross after RSI reached oversold and Stoch RSI went from oversold to overbought we got a rally in LTC.
I am long a small amount of LTC and will add on the breakout or sell on the break down.
Trade fermée: ordre d’arrêt atteint
Stopped out at $41.20. Always follow your trading rules. Everything trade a probability bet, not a gamble.
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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.