tl93
Long

Possible LTC Cup Formation?

COINBASE:LTCUSD   Litecoin / Dollar
Completion of Wave 5 in a series of larger, more encompassing bearish waves that have ensued since the activation of SegWit. Currently in the 4th wave of a minor bull wave. Retesting the $30.78 (23.6% retracement) support level before testing the $32.34 ( 38.2% retracement ) resistance level . Recommendation is to the let this price run confirm itself with a completion of at least 50% retracement at the $33.60 resistance level .

Prediction: Uptrend continues to 50% retracement , completing a cup. Soon after, price falls down to 38.2% retracement before breaking out to test the pre-SegWit highs.

Entry: $31.00
Target Profit: $33.50 (+8.06%)

Wait for the handle to form, confirm the bounce. Bet long.
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter