Technical analysis by bloodbound696 about Symbol LTC on 2/17/2024
https://sahmeto.com/message/3329139

bloodbound696
Rank: 5667
Analytical Power:
1.6
LTC/USD 2 Squeezes in One
Neutral
Price at Publish Time:
$70.46

Here we are playing off the harmonic idea of a double confluence of squeezes in terms of structure and timing. The TTM Squeeze indicator has a rare weekly squeeze to the upside and LTC has not moved a muscle yet, which is a rare opportunity. In theory, based on what I have been seeing in the market... if everyone is as long as they say they are, this is a great opportunity the weekly scale I mean great tbh. Not to mention this would mean timely results instead of waiting a very long time for strong trend-like moves.Well well well so the TTM Squeeze finally showing on LTC now. To be fair the structure was sufficient GG.
Source Message: TradingView