The Daily Show: LTC What? Why? Lambo? (D)
Good evening,
So, LTC is in the middle of a retrace. I have redrawn my support and resistance lines but do you know what I forgot. To put my SL at the new level so I got SL out at 167. You live and learn.
At this point in time even with LTC dropping to 165 I do not think that is a deep enough drop. So, it needs to test my last line of support or go sideways tomorrow on the lower time-frames. I want to see it test the 162-158 and bounce from there with purpose. If we do not get this type of price action, I fully expect a surge then drop to the 130's or lower.
Be a hyena.
Not financial advice, just my opinion.
So, LTC is in the middle of a retrace. I have redrawn my support and resistance lines but do you know what I forgot. To put my SL at the new level so I got SL out at 167. You live and learn.
At this point in time even with LTC dropping to 165 I do not think that is a deep enough drop. So, it needs to test my last line of support or go sideways tomorrow on the lower time-frames. I want to see it test the 162-158 and bounce from there with purpose. If we do not get this type of price action, I fully expect a surge then drop to the 130's or lower.
Be a hyena.
Not financial advice, just my opinion.
Not
Down day may do some small swing tradesNot
IF 150 does not hold we will see low 140sNot
No trade day. I am waiting until after the 11th to make my decision as to whether I will short or not; that is mostly likely the breakout point.Not
Ummmm hugely bullish candle on the daily being formed.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.