Trading ideas on Monday! LTC and Ripple

Good morning, steemians and traders! let your week be productive.

XRPUSD: I do not yet hope to be promoted to the borders of the ascending channel

Trading activity on Ripple has significantly decreased in the last few hours. The forces of buyers are coming to an end from Saturday. For a noticeable breakthrough, you need to "cheer up" the market by $2.03.
Well, if we can get there for today, but now the volumes are such that it is not a fact that there will be enough strength to rise even up to $ 1.9. If we continue this pace, then the option with a decline to $ 1.47 looks much more likely than the above.

LTCUSD: fastened on the support of 230

LTC has been doing well in recent days in terms of predictability and stands out against the background of other top coins with good stability. According to his hypothetical fork so far nothing has been heard, but this will not prevent him to resume the uptrend in the medium term. To prevent bulls can only general market collapse and capital outflow. The technical picture of the LTC is as follows: MACD confidently shows on flat, being in oversold oversight, sales volumes no longer dominate, Bollinger confidently indicates the beginning of consolidation. If someone wants to, you can open long-term deals right now, but you have to take into account that in case of a deep correction you will have to average from 204 level.

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Information presented in this material is the opinion of the author and is not an offer to a specific action.

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