Hey guys,
Here we have a 4H chart of Litecoin/USD
LTC is currently attempting a breakout at the short term downtrend line.
It is facing major resistance here.
I would personally wait for a confirmation of breakout before opening any new positions right now,
as it may be just a fake out.
--This is NOT financial advice. Please make your own research before investing in any asset.--
Good luck on your trades!
Here we have a 4H chart of Litecoin/USD
LTC is currently attempting a breakout at the short term downtrend line.
It is facing major resistance here.
I would personally wait for a confirmation of breakout before opening any new positions right now,
as it may be just a fake out.
--This is NOT financial advice. Please make your own research before investing in any asset.--
Good luck on your trades!
Note
Yep, was just a fakeout.Approaching end of the triangle. Le's see what happens now :)
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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.