LTCUSD

LTCUSD

PAIR:LTCUSD
On the one day time frame, Same chart as shown on EOSUSD. the falling wedge pattern.Price has dropped to a near support level at $74usd and will likely bounce up from its current price
CHECK the previous chart on EOSUSD to see more explanation on the different charts on falling WEDGE and rising WEDGE ( https://ci.covesting.io/tradeidea/eosusd-2charts)
MARKET SUGGESTION:
The near high of 90usd up to 95usd is the next resistance level, the oscilator is half way in an undecisive zone.
VERDICT:
BUY:$80usd to $80usd
SELL:$85usd up to 94usd
STOP LOSS:$70usd

Disclaimer: This is for educational purposes,it is not intended as a financial advice.
The analyst won't be responsible for a loss of fund. Trader should be able to manage risk.

$COV HODL

 

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