Hello everyone
LTCUSD pretty clear falling wedge.
We have a divergence on the RSI 14 and a Kick-off signal suddenly after.
The green support line represents, along with the blue and orange support (0,618 and 0,65 FIB lvl), a strong area of support that we are still testing.
will the price move lower for a last swing? forming another divergence and confirming the correction?
stochRSI and MACD suggest it is possible, if not likely to happen.
Currently I only have the orange box as a possible area to Take Profits (10-24%)
let me know what You think on this.
This analysis lines up with a lot of other cryptos' current set-ups, showing Divergences and falling wedges.
on Longer term price might move lower, but for now I am expecting a break up first.
Comment and give me feedbacks
LTCUSD pretty clear falling wedge.
We have a divergence on the RSI 14 and a Kick-off signal suddenly after.
The green support line represents, along with the blue and orange support (0,618 and 0,65 FIB lvl), a strong area of support that we are still testing.
will the price move lower for a last swing? forming another divergence and confirming the correction?
stochRSI and MACD suggest it is possible, if not likely to happen.
Currently I only have the orange box as a possible area to Take Profits (10-24%)
let me know what You think on this.
This analysis lines up with a lot of other cryptos' current set-ups, showing Divergences and falling wedges.
on Longer term price might move lower, but for now I am expecting a break up first.
Comment and give me feedbacks
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.