LTC overbought and running out of gas?

16 мар. 2019 г.

LTC has been overbought on RSI twice recently and has formed bearish divergence. We are currently also sitting at the upper limit of the 6-week uptrend channel, and have a bearish divergence on the MACD as well. Hard to see LTC continuing this monster climb without having a retrace. I am short for now.

20 мар. 2019 г.

Заметка

Still not seeing the volume increase we need for a climb. Rising wedge has formed and buying volume is decreasing, all bearish signs.