LTC - The explanation of the MMA13 touched

in #trading6 years ago (edited)

Hello all,

Here again a nice proof about the effect of a MMA13 touched during a correction.

Here is the chart that I provided to you 2 days ago :

LTCUSD.jpg

Here is the current chart :

LTCUSD.jpg

As you can see, we touched several times the MMA13 and followed it closely during several hours.

This is a good tip that I'm giving you here, a nice indicator that people don't use enough. When you have a nice break out, most of the time we have at least a touched on the MMA13 before doing the continuation. Try to remember that technic next time you will trade a break out.

I hope you enjoyed this little training.
I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

Version française ici : [FR] LTC - L'explication du touché sur la MMA13

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Great work up-voted

Very informative and good analysis

Woohoo.
Always the 1st to come up with chart analysis .
@cryptopassion Keep up the Good Work :)

Great information. Thanks a lot for sharing your expertise :)

wow... it's good guys...

Give it up dude. Technical Analysis is like pulling data out of your butt.

LTC has been a major up tick for over a day, and you keep predicting it it going to correct.

Keep going, eventually one of your predictions will be right.

But it won't be useful, since it just a random coin toss coming out of your butt.

Good analysis , some analysts say it will reach large amounts at the beginning of next year

That is going to be my salary request at my next salary review with the boss. I need to see large amounts by the beginning of next year.

Things just keep getting better

An excellent schedule. Nice to look at this growth.

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