LTC/USD - Looking confidence in a dip - I'm back in

Zaktualizowano
Short video update on LTC and what i'm seeing in my charts. Start this one off a bit different in showing I just purchased some LTC earlier today and explain why I did so.

This is not trading advice, so don't follow me.

I hope you enjoyed, give a like and leave a comment.

Zlecenie aktywne
Today is a perfect example of how price action can fake you out. If you have been keeping up with my post, in the past few videos, i mentioned I thought price would break back below the $200 level. Price then decided to range for days in about a $20-$25 dollar range. This ranging lead me to believe price would likely find good support at $200.

Well, today we see that price has spiked down to $194.44 as of this update and based on what the charts are showing at the moment, there might be the possibility for a little more downside; although limited in my opinion.

snapshot
bulllishChart PatternsFibonacci RetracementLTCLTCUSDSupport and ResistanceTrend AnalysisTrend Line Break

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