LTCBTC In Upwards Channel & Potential Ascending Triangle 4H
Let's try LTCBTC again. Before BTCUSD broke down and we managed to pull down to previous resistance/now support at 0.00855 and this could be a good place to buy with stop loss below previous low at 0.0082. Target could be at 0.01 or 0.012 if we break 0.01 with volume. If the trend continues, we could hit 0.0155, but unlikely in this bear market. That would be medium/long term target.
This is not a financial advice, this is a educational idea. Comments and different views are welcome!
This is not a financial advice, this is a educational idea. Comments and different views are welcome!
Note
Touched 0.01Note
Broke 0.01. If it consolidates and BTC doesn't crash, further rise is very possible.Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.