Hi dear traders
The price of Litecoin in the daily time frame is supported at the level of 78.6%( 56.52$ ) correction of the previous wave and has shown a good reaction to it. The not-so-credible downward trend of the price has also been broken and the normal positive divergence in the MACD indicator indicates the possibility of the continuation of the upward trend after the price exits the triangle pattern and breaks out of the 69$ resistance in the price.
Now we can open long position after breakout triangle or wait until feak breakout bottom of triangle near 61.5$.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
The price of Litecoin in the daily time frame is supported at the level of 78.6%( 56.52$ ) correction of the previous wave and has shown a good reaction to it. The not-so-credible downward trend of the price has also been broken and the normal positive divergence in the MACD indicator indicates the possibility of the continuation of the upward trend after the price exits the triangle pattern and breaks out of the 69$ resistance in the price.
Now we can open long position after breakout triangle or wait until feak breakout bottom of triangle near 61.5$.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
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Penerbitan berkaitan
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.