jamiecassels

Rotation out of BTC and LONG into LTCUSD / LTCBTC

Long
jamiecassels Updated   
COINBASE:LTCUSD   Litecoin
I think BTC might have exhausted itself temporarily, I might be a little early starting to buy here but I think it's a good time. The Stochastic indicator has broken it's downtrend with RSI and DMI lagging a little but we can see the compression that should lead to a rebound temporarily. Then we will reassess.
Trade closed manually:
See latest LTC charts.

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.