LTCUSD is approaching a key support where we expect some sort of bounce.
The price has been forming a falling wedge and once we get a breakout, the price will go higher.
Volume is pretty low on this sell off so we think that the support will fail.
RSI approaching oversold levels.
2 targets are shown on the chart
You can enter long at the support or wait for a breakout of the falling wedge.
Good luck!
The price has been forming a falling wedge and once we get a breakout, the price will go higher.
Volume is pretty low on this sell off so we think that the support will fail.
RSI approaching oversold levels.
2 targets are shown on the chart
You can enter long at the support or wait for a breakout of the falling wedge.
Good luck!
💥 Free signals and ideas ➡ t.me/vfinvestment
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.
💥 Free signals and ideas ➡ t.me/vfinvestment
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.