LTC/BTC weekly chart bearish and bullish case
Bearish signs - three black crows, followed by a pullback; incoming bearish MACD cross.
Bullish signs - bullish ascending channel is still respected
For a bullish case the red line at (0.014736) should be broken.
Most likely scenario is the retest of a red line at (0.014736) and a wick down to 0.011398
Bullish signs - bullish ascending channel is still respected
For a bullish case the red line at (0.014736) should be broken.
Most likely scenario is the retest of a red line at (0.014736) and a wick down to 0.011398
Trade closed manually:
Exited the position at 0.0598 with 57% profit