Looks like LTC if about to complete the ABC Correction Wave. It should take a few hours. once it does, we can expect it to head up again.
Yesterday's High $236 would be the resistance and it has to break it to reach the next target which is around $268.
Let me know your thoughts. Do leave a comment.
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This is not a trade signal. I am just sharing my 2 cents.
Yesterday's High $236 would be the resistance and it has to break it to reach the next target which is around $268.
Let me know your thoughts. Do leave a comment.
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This is not a trade signal. I am just sharing my 2 cents.
Nota
Please do leave a comment if i am wrong. I am not an expert. I am still learning. So, feedback, criticism are much appreciated and will be taken into consideration :)Nota
Nota
Though the actual chart which i shared had an error in the ABC Correction wave.. but the markings were perfect :)
LTC moved up from the exact spot of C
Nota
Experts let me know whether i should have considered this as Descending Triangle or the ABC Correction WaveNota
Ltc is trying hard to break th yesterday's high $236.. If it gets enough support from BTC and ltc volume... It should touch the first target easily
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.