LTCUSD (Litecoin) – Week 27 – Channel trading
With so many blockchains on the market today, there is a growing demand for cross-chain interoperability. While there are a number of projects in the works, Wanchain stands out. Wanchain's interoperability solution is leagues ahead of competitor ecosystems, having just incorporated Litecoin into its cross-chain environment.
Technically, the price is range bound inside the blue channel marked on the chart. Because the price reached the lower line of the channel, we give a higher probability for the price to go higher. If the channel breaks in either way and consolidates after, we should be biased towards that direction. We advise caution.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Technically, the price is range bound inside the blue channel marked on the chart. Because the price reached the lower line of the channel, we give a higher probability for the price to go higher. If the channel breaks in either way and consolidates after, we should be biased towards that direction. We advise caution.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。