Litecoin
Updated

Bullish Deep Crab

136
I repost this idea due to the fact that may still be in place, LTC didn't break the C point above the 0.886 Fibonacci level so the Harmonic Pattern can still plays.
If it break below the X point the pattern will be validated.
Again, let's see how it plays.

Safe trade guys!

Note
LTC seems to resist strongly, but I still have a trader feeling that BTC will correct soon driving(possibly) LTC down as well.
The option that can invalidate the harmonic pattern is the LTC halving though that can drive BTC(perhaps) and the whole market upward.
Patience is the virtu for a trader so let's see how the market evolves.
Note
Harmonic pattern invalidated again.
Halving, FOMO and bla bla bla screw my TA :)
I was expecting it though, read the comment above.

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.