Litecoin Macro Analysis
Looking at BTC pairs, Litecoin and BNB are the strongest coins that currently drive the market and are almost solely responsible for the up trend.
Key Upcoming Events:
- Jul 22 BAKKT Test net launch
- Aug 6 Litecoin Halving
- Next Week - Facebook Libra Stable Coin Presentation, backed by Visa and other majors
Based on Elliott Waves, Pitchforks, Fibs and S/R Levels/Zones,
Key Targets:
Target 1: 200
Target 2: 250
Major Resistance: 180
Mode: BTFD
Prediction: We're about to start the next phase of a parabolic trend.
No major correction till Aug 1, sideways consolidation possible.
Jul - green month, Aug - red month, deeper correction that will be bought up.
Good Luck! Trade carefully! Not a Financial Advice.
Looking at BTC pairs, Litecoin and BNB are the strongest coins that currently drive the market and are almost solely responsible for the up trend.
Key Upcoming Events:
- Jul 22 BAKKT Test net launch
- Aug 6 Litecoin Halving
- Next Week - Facebook Libra Stable Coin Presentation, backed by Visa and other majors
Based on Elliott Waves, Pitchforks, Fibs and S/R Levels/Zones,
Key Targets:
Target 1: 200
Target 2: 250
Major Resistance: 180
Mode: BTFD
Prediction: We're about to start the next phase of a parabolic trend.
No major correction till Aug 1, sideways consolidation possible.
Jul - green month, Aug - red month, deeper correction that will be bought up.
Good Luck! Trade carefully! Not a Financial Advice.
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.