LTC - Falling wedge - reversal at $75 - Target $130
Dear all,
LTC is following this purple falling wedge. I expect a retest of the $75 mark to create reversal and target the $130 mark.
All the Best from the Crypto Space
Alteroc
LTC is following this purple falling wedge. I expect a retest of the $75 mark to create reversal and target the $130 mark.
All the Best from the Crypto Space
Alteroc
Trade active
Everything is on track so far. I expect the downward movement to resume within 48 to 72 hours.
Note
Falling wedge has bee extended. Based on the wider falling wedge support and a 100% retracement fib
reversal zone is now between $69 and $71.
A dip a bit lower in the form a wick is not to be excluded in case of a harsh BTC move down.
Note
Right on the spot for now.However considering current rqlly I now expect retracement due to the bearish divergence on RSI
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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.