I am still new to TA. I have been learning from others on here, who have been most helpful in teaching TA. I am definitely not an expert, but want to share the ideas I am developing.
Looking at the one hour chart, once again we see that
- Price is clearly consolidating.
- Volume is dropping
Based on the MACD trajectory, we are oversold, but have an upword momentum.
This is for the LTC / USDT pair, so it is not certain if this is going to be directly due to Litecoin buys, or indirectly to an increasing BTC price while the LTC/BTC pairing holds.
Good luck out there!
NONE OF THIS IS INVESTMENT OR FINANCIAL ADVICE!
Looking at the one hour chart, once again we see that
- Price is clearly consolidating.
- Volume is dropping
Based on the MACD trajectory, we are oversold, but have an upword momentum.
This is for the LTC / USDT pair, so it is not certain if this is going to be directly due to Litecoin buys, or indirectly to an increasing BTC price while the LTC/BTC pairing holds.
Good luck out there!
NONE OF THIS IS INVESTMENT OR FINANCIAL ADVICE!
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.