LTC/USD has formed a double bottom around $73 and shown a good jump of around 15% from that level.The pair has broken minor trend line resistance at $79 and jumped till $84.25.It is consolidating between narrow range aft…
LTC/USD has formed a double bottom around $73 and shown a good jump of around 15% from that level.The pair has broken minor trend line resistance at $79 and jumped till $84.25.It is consolidating between narrow range after hitting high of 84.25. The pair has previously jumped till $90.45 from the low o $72 and started to decline. The pair declined more than 50% from the temporary top $182.35. It is currently trading around $83.45. It has declined almost 79% from the all-time high of $370.
The near term solid resistance is around $90.25 (Jul 3rd 2018 high) and any break above will take the pair to next level till $103.
On the lower side, any break below $80 (200- 2H MA) confirms minor weakness and a decline till $73/$70 is possible.
It is good to buy on dips around $78-$80 with SL around $72 for the TP of $90/$102.
Respondents reported more gains in market research than trade execution. Stated willingness to automate increased when hypothetical scenarios added limits on exposure and losses.
Arbitrage can narrow price differences between markets, while sandwich trades may leave swap users with fewer tokens. MEV-Share sets a default 90% share of eligible MEV, without guaranteeing a payout.
