Hello my Crypto friends!
Today we are taking a look at Litecoin - 4h timeframe LTCUSD view. This pair shows us a nice buy opportunity. It's breaking the 4h downtrend and is consolidating.
So the question is how we can trade this pair?
First, don't jump in buy to early! Let it consolidate in certain pattern even more and then take the breakout! Patience is the key!
Remember this: If we are getting longer consolidation, the next impulse will be stronger.
Our job is to catch this second impulse!
We are interested in the buy. So, if it breaks the previous low again, you can buy for a better price, that's the key!
Don't forget to hit the like/follow button and write comment!
So keep an eye on it & trade with care!
Today we are taking a look at Litecoin - 4h timeframe LTCUSD view. This pair shows us a nice buy opportunity. It's breaking the 4h downtrend and is consolidating.
So the question is how we can trade this pair?
First, don't jump in buy to early! Let it consolidate in certain pattern even more and then take the breakout! Patience is the key!
Remember this: If we are getting longer consolidation, the next impulse will be stronger.
Our job is to catch this second impulse!
We are interested in the buy. So, if it breaks the previous low again, you can buy for a better price, that's the key!
Don't forget to hit the like/follow button and write comment!
So keep an eye on it & trade with care!