Hello Everyone,
LTC/USD is approaching the 1M Pivot Point (PP). Caution is advised as the pair is still largely positioned for a bearish continuation, despite some bullish indicators. The key condition is that the price must remain above the 1D/1W Pivot Points for a bullish scenario to unfold. If the price stays comfortably below these levels, a bearish continuation becomes more likely.
TradeWithTheTrend3344
LTC/USD is approaching the 1M Pivot Point (PP). Caution is advised as the pair is still largely positioned for a bearish continuation, despite some bullish indicators. The key condition is that the price must remain above the 1D/1W Pivot Points for a bullish scenario to unfold. If the price stays comfortably below these levels, a bearish continuation becomes more likely.
TradeWithTheTrend3344
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.