UnknownUnicorn503283

LTCBTC CRAZY TARGET AND ALTERNATIVE IDEA

BITFINEX:LTCBTC   Litecoin / Bitcoin
Took profit from BTC :) Going to throw it into LTC now. For me personally without much worries , I am anticipating the W formation if traders want to take a lesser risk , traders should wait for a confirmed break out from the W formation. If an upward beak out from the W formation is confirmed then I can adjust to a higher target region :)
Comment:
Possible bearish divergence as well if we see a higher high. Just to play it safe I would close 75% of my position at the take profit early zone.
Comment:
Bullish divergence on 4H time frame to use as price entry , also use ichimoku indicator to help with entry decision
Comment:
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.