LTC Make or Break - the Looming 15M Breakout

26 בפבר׳ 2021

We’re setting up for a breakout struggle on the 15M. The 5M is at the edge of its regression line and seeking support around RSI 40. 1M chart is struggling to hold the line with some bullish bottoms on its RSI around 40 as well. The next several candles matter. If we can get a candle above the 15M regression line around 182, then the 1HR is cleared for a run. But if we break below 175, the bears may drag is down for another precarious dip. Stay watchful.