TheTradersBias

Litecoin weekly consolidation

BITFINEX:LTCUSD   Litecoin
Lite coin is in a weekly consolidation. The weekly MACD and stochastic are both crossed down but price is above the blue kijun sen. This condition is suitable for short term trading. It is not a look you would want for a long term buy and hold entry.
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.