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The continuation is often equal distance to the flag pole which would put LTC right around 40.00
Price is testing resistance @ 382 fib, expecting a rally up to the 1600.000's
Setting a sell limit @ 1.30507 SL 1.33751, TP1 1.28033, TP2 1.25981
Price has re-tested 0.66900. History shows price consolidates at the lows and turns bullish.. looking for a big move to the 0.72000 area.
Trend continuation idea on the 4 hr chart. price is re testing the 6300 area, expecting a trend continuation, 3rd leg down. should re test the 6000 area.
Good morning! Just a simple trend continuation idea on the daily chart..
Hi Guys, Just Marking up these charts like I normally do. I'm new to Trading view and still trying to get used to the charting. I like to keep it simple. I mostly focus on trend continuation, I have found great results from this.. Feel free to give some insight. By no means am I a professional trader, Just doing what I love. Happy Trading :)
Price has tested this level several times before a failed to break through. Divergence on the 4hr chart.
Price has broken the 6446. resistance level at t.382 fib and now sitting at the 0.5 fib. I believe price will retest the 0.382 fib and continue trend landing at least at the 0.618 fib. I will short price at 6446.64, set take profit at 6194.62 & set stop loss at 6659.89