LTC - Daily correction not finished yet
Updated
i think we are in a big daily sideways move for ltc (and 99% of other crytpo)
first move i will be targeting is the move down to complete the C wave of the running flat targeeting 77$ area , then i will be looking for buy setups to get the implusion up that will break the last high at 115$ area ;
then i thin it will be tricky , the move up can continue but we have big probability to retest the low again at least 1 more time ; at 115$ / 120 $ or even 144$ this will be the area to look for sell setups to retest 40$ again ;
this is just my analysis not a financial advice
do not copy , and trade responsibly :)
first move i will be targeting is the move down to complete the C wave of the running flat targeeting 77$ area , then i will be looking for buy setups to get the implusion up that will break the last high at 115$ area ;
then i thin it will be tricky , the move up can continue but we have big probability to retest the low again at least 1 more time ; at 115$ / 120 $ or even 144$ this will be the area to look for sell setups to retest 40$ again ;
this is just my analysis not a financial advice
do not copy , and trade responsibly :)
Trade closed manually
The move down look strong and can be the one that break the low , I will keep the short position open and protect it break even untill further notice
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.