LCT/BTC: H4/D1/W1 TRADING ON HITBTC (01-23-2018)

Important note: this is a small amateur analysis from my point of view of what the price can do. I am not an expert in trading, it is only a contribution for those who may be interested or entertained. Not insentient, I promote, nor convince anyone to market with this pair. Your interpretation and what you want to do is your responsibility.

A) bearish trend

B) several bearish pattern formations in D1 and W1

c) during the H4 schedule, the price is congested in that area

d) if the price bursts in price area 0.0167 with a good bearish candle, the price could go down considerably up to 0.015.

c) the next resistance would be at a price of 0.01, but it would have to go down a lot to get there.

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LCT/BTC H4

LCT/BTC D1

LCT/BTC W1