LTCBTC Yet To Show Price Action For Longs

This pair usually needs a lot of waiting for breakouts and confirmations. Anyway my thoughts on it is that there is a possibility for a long entry after absorption of selling pressure on lower time frames. Watch PA.

Keep up the work

Matt

Komentarz:

First daily bullish engulfing on this pair. Look for low momentum candles which will tell you when to enter. They are usually smaller body indicating market prices are in a search for sellers who may not come.