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LTCUSD dont hold your breath
LTCUSD TA
Some key indicators to note:
ADX showing strong upward momentum
RSI looking overbought (be careful here)
Strong upward channel, with 50MA (in green) playing a vital role as support.
Expectation: Momentum is strong signalling bullish action. But in the short term, i'd expect to see a pullback to retest the 61% - 78% Fibonacci zone, or the lower bound of this ascending channel. For those going LONG, the 50MA would seem to be a favourable entry point.
Some key indicators to note:
ADX showing strong upward momentum
RSI looking overbought (be careful here)
Strong upward channel, with 50MA (in green) playing a vital role as support.
Expectation: Momentum is strong signalling bullish action. But in the short term, i'd expect to see a pullback to retest the 61% - 78% Fibonacci zone, or the lower bound of this ascending channel. For those going LONG, the 50MA would seem to be a favourable entry point.
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.