LTCWK
tradingview
01/12/2019
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LTCWK



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I have looked at LTC on the daily, 4Hr, and now the Hourly trying to find a setup. Something to wet my beak! Nada, nothing stands out with the exception we have been in a range since December 20, 2018. The Primary Trendline has been breached and now the dotted Trendline is only a reference but should act as resistance on a move up. I am seeing a strange Head & Shoulder pattern that appears like price consoladation on the left and right shoulder. Everything looks like nothing. Outlook: Neutral with declining volume. I am hoping to fall back into the lower rectangle price range to buy more, but if I get impatient, I will consider buying right on the support level above the rectangle at the $30.xx price level and below. I do not see anything setting up, no squeeze play, just more consoladation A move above the dotted trendline would be considered Bullish. If you look closely, you can see price action narrowing on the right shoulder; not exactly a PRICE SQUEEZE! I would feel comfortable buying at the bottom of the right shoulder (Dollar-Cost-Acveraging, of course!). I am having the same trouble reading ETH right now. They can't seem to get the date they want to change over to Constantinople yet, so ETH is just consoladating. *********I am giving some consideration that based on the price action we may actually be near bottom for 2019???????. Don't quote me please! Everytime I say things like, "nothing happening, Yawn, stuck" -- we have a huge breakout! Best, Biff

ltc update
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https://www.tradingview.com/chart/LTCUSD/YCB145ET-ltcusd-update/ https://www.tradingview.com/i/6f66GOGO

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BITFINEX:LTCUSDundefined