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 :)
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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.
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Bullish divergence on 4H time frame to use as price entry , also use ichimoku indicator to help with entry decision
Too beautiful to be a true. We already had "W" model 1 months ago than ltc/btc go up from 0,00735 to 0,0098. Now more real it will stagnate or go down <0,005.