orangestar4aC

LTCUSD - Bitfinex - Long Term View

Long
BITFINEX:LTCUSD   Litecoin
This is a basic chart with some trends and channels that seem to have been taking effect since the beginning of 2017's bull run. I have no idea when will this end or change, but I will maintain it as long as it stays relevant. This is just a personal reference and guide, but feel free to use it for yourself, although it was not intended as a trading guide. I threw in a Fibonacci Retracement as another reference, although I did not base the trend lines on it.

A general idea -

Green - Trend Support
Blue - Trend Resistance/Breakout
Red - Trend Resistance/Moon

I will be basing future personal trades and charts on this chart, again, as long as it stays relevant.

*I am not perma bull in LTCUSD, just in the midterm, and this bias can change at any moment given sufficient evidence.

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