Litecoin UPDATE HEAD AND SHOULDERS
Hi Folks,
These consolidation times are often very boring.. we want action.. But do you know that for 2/3 of the times the markt is going sideways/consolidates.
And 1/3 of the time it goes either in an uptrend or downtrend..
What is your strategy?
One of mine is to look for pullbacks/retracement (A real retracement in an uptrend is a decline between 33%-66%) did you know?
So think about the money that can possibly be made in pullback strategies..
The setback in this LTC/USDT chart depends likely on what the price of bitcoin will do..
For now the market is searching for direction..
These consolidation times are often very boring.. we want action.. But do you know that for 2/3 of the times the markt is going sideways/consolidates.
And 1/3 of the time it goes either in an uptrend or downtrend..
What is your strategy?
One of mine is to look for pullbacks/retracement (A real retracement in an uptrend is a decline between 33%-66%) did you know?
So think about the money that can possibly be made in pullback strategies..
The setback in this LTC/USDT chart depends likely on what the price of bitcoin will do..
For now the market is searching for direction..
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