LiteCoin(LTC): Breakout Or A Nice Bounce??As LTC is trading inside the ascending channel, the price is moving slowly towards the lower line of this channel. From here we have two possible scenarios to play out:
Plan A: Upon reaching that trend line price will find a nice foundation and will have bounce to upper trend line!
Plan B: Price reaches the lower trend line and has a nice breakdown with a re-test, which should lower the price towards that support box area!
100emadaily
Bitcoin: Pillars of Overbought/OS on RSI’s w/ 100D EMA The first 2 pillars on the left price got rejected from 100 Day EMA when RSI's were overbought. The third pillar broke the 100EMA but was still getting/were oversold on the RSI's. The last pillar is close to/has bottomed on the Stoch's and regular RSI is under midline as were testing 100D EMA again. If BTC breaks 100EMA (43.6K) and RSI midline price could have some good room to run, if not RSI could want to bottom again before moving higher.
AVAX/USDT Preparing for another PUMPAVAX tested the strong confluence area (Yellow box) where the strong support zone and 100 EMA meets and bounce upwards. Currently broke out the short term trendline and breaking out of 21 EMA (yellow circle). Wait for the retest on the trendline and 21 EMA to enter.
This is not financial advice please DYOR