LTC Daily Perspective
On the daily time frame the 55 and 100 EMAs have crossed. The end is near!!! We are no doubt still in a downtrend, but I think 2nd and 3rd Quarter of this year will provide us with some significant gains. Why do you ask?
Let's look at the weekly chart and you will see that the 55 EMA is providing significant support at the 110. Now, this does not mean that it cannot have a wick pierce to the $80.00.
There will be a couple really good chances for some swing trades in the coming week but please manage your risk!
I am not a professional this is just my opinion!
Let's look at the weekly chart and you will see that the 55 EMA is providing significant support at the 110. Now, this does not mean that it cannot have a wick pierce to the $80.00.
There will be a couple really good chances for some swing trades in the coming week but please manage your risk!
I am not a professional this is just my opinion!
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