Topic: Litecoin Scalp Trade A Perfect Bullish Divergence Spotted (Read 102 times)
Good entry point would be at 245 just above the last support that turned to resistance.
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
Possibility on 30 Minutes Chart
https://ibb.co/d3MKnG
Jump to: