Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: croptodic on December 28, 2017, 12:38:40 PM



Title: Litecoin Scalp Trade A Perfect Bullish Divergence Spotted
Post by: croptodic on December 28, 2017, 12:38:40 PM
If you look at the 30 minutes chart, you will see that a bullish divergence has formed because price has made lower lows and RSI is making lower high, which mean blue lines are going opposite direction. RSI has gone below 30 level and now moving nicely above 30 level, so I am expecting it to go even higher. Price has touched the lower bollinger bands and now it will move up nicely. I have taken this trade as a scalp to make some quick profit.


Possibility on 30 Minutes Chart

https://ibb.co/d3MKnG



Title: Re: Litecoin Scalp Trade A Perfect Bullish Divergence Spotted
Post by: junjunsalsalani on December 28, 2017, 12:45:59 PM
Good entry point would be at 245 just above the last support that turned to resistance.