Litecoin / Tether USD
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LTC Channel - possible inverse relationship with BTC

253
4 hours Chart
Currently in Channel



would suggest a break above the thick red line level (around 43 Mark) may form a strong breakout

My reasons
1. Break out of both resistance line and trend line
2. RSI and Stoch directions up
3. Strong inverse relationship to BTC the last 2 days
4. Fundamentally, one of the most discussed long ideas on trading view the last one week

target would be around the 48

Please do your own research
Emir iptal
Break out followed by large volume bar that refused to result in big price shift.

With BTC going up this trade seems unlikely for now
Not
Keep an eye and consider reopening

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.