Hello Guys, Here is another TA for LTCUSD.
This time i used TD Sequential indicator which indicates us as to where to buy and where to sell.
In the above Chart, a series of nine candles where each close higher/lower than its 4th predecessor candle’s close value. we can see the previous trend finished at candle # 9 and it appears that the new trend starts from here. When do we need to exit of the trade? well, We need to be vigilant and i believe it can go to 125 to 135 or more.
Buy signal:
When we see 9 consecutive closes “lower” than the close 4 bars prior.
An ideal buy is when the low of bars 6 and 7 in the count are exceeded by the low of bars 8 or 9.
Sell Signal:
When we see 9 consecutive closes “higher” than the close 4 candles prior.
An ideal sell is when the the high of bars 6 and 7 in the count are exceeded by the high of bars 8 or 9.
Oversold
RSI 30
Pleaser let me know if you have have any questions.
This time i used TD Sequential indicator which indicates us as to where to buy and where to sell.
In the above Chart, a series of nine candles where each close higher/lower than its 4th predecessor candle’s close value. we can see the previous trend finished at candle # 9 and it appears that the new trend starts from here. When do we need to exit of the trade? well, We need to be vigilant and i believe it can go to 125 to 135 or more.
Buy signal:
When we see 9 consecutive closes “lower” than the close 4 bars prior.
An ideal buy is when the low of bars 6 and 7 in the count are exceeded by the low of bars 8 or 9.
Sell Signal:
When we see 9 consecutive closes “higher” than the close 4 candles prior.
An ideal sell is when the the high of bars 6 and 7 in the count are exceeded by the high of bars 8 or 9.
Oversold
RSI 30
Pleaser let me know if you have have any questions.
Note
As i mentioned previously that LTC would be green zone and our target was between 125 to 135. It hit 136 and started reversing. hope it worked out for you.This is now not looking good and we might see it at 100. will keep you updated guys.
Note
This is only 30 min chart. 
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.