For traders that purchased LTCUSD on the breakout point at $194.29, the chance-reward ratio is 5.52, or an upside of 44% and a downside of 8%. Traders that did not purchase already will need to watch for a correction toward the breakout unless they wish to commerce at a decrease danger-reward ratio.
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Moreover, we may have a look at the overall buying and bitcoin merchant account selling volume of all cryptocurrencies over time to see how trading quantity have been trending from 2014-18. The chart under can be in log scale and the values have been averaged out monthly to get a better sense of the general development line.
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