Litecoin bullish sequence in 5 waves, wave ((i)) started from 40.29 low to 115.05 high favors more upside. Wave ((ii)) pullback ended 55.00 low. Leading diagonal started from 55.00 low to 113.00 high for wave (i) of ((iii)) followed by a pullback started from 113.00 high to 67.28 low, a complex correction for wave (ii). Above 67.28 we are looking to the upside for...
Further, impulsive-looking price action, will add credence to the bullish scenario, and suggest wave 3 upper is underway above 6.510 with possible target 1.618 fib extension. Future updates will be posted as updates to this count. Daily intraday updates on 1H and 4H time frame, don`t miss them!! Good luck!
Price action and chart pattern trading setup > Wave pattern: 2-Wave Triangle ABCDE - possible upcoming wave E before rising impulse 3 wave. > Entry: Support level SMMA50 and SMMA20 @ 0.618 and 0.786 retracement zone > Target: 3 -wave triangle breakout plus distance of the triangle channel 1.272 extension zone of main 1-wave +15-20% > Stoploss: Lower triangle...
I thought share my thoughts on the airline industry. I'll just share my thoughts on Delta Airlines. As many of you may know the sentiment for airline stocks are very bearish due to the pandemic. I believe Delta is about to surprise many. I may be wrong but my analysis of this stock is very bullish. I outline a potential wave 3 move of a much larger wave 5. If you...
This is just my assumption not a trading or financial advice do your own ta thanks. I can count complete 5 waves as wave 1 and wave a and b as correction now we are near completing wave c as impulsive of which we are seeing more decline as wave 5 after which it should support buyers and is already at the 50% level by now the next wave after this structure would b...
Hello traders and investors, Is Doge ready for the next leg up? If so, let me thank who let the dodge out! Today we are considering the idea of completing a 5 wave sequence (intermediate blue) to reach primary wave 3 (blue). Assuming that Primary 1 was between May 2015 and Jan 2018; Primary 2 was until March 2020 low, the 1.618 Fibonacci extensions,...