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Sporia
Dec 1, 2021 9:49 AM

Litecoin Rally December 9th (update) Long

LTC Perpetual Futures ContractBinance

Description

Go over my last TA first.



What we want to see is price going down coming into this fibonacci time date , these dates act as pivot points most of the time so really we don't want price to be going up coming into this date . At the moment we are in a ascending wedge on the hourly only keep at in mind , a break here would bring price down to the marked support line most likely , also we failed to break this Gann ratio once before. Keep in mind that there two Gann ratios in play here the thick pink line across is the macro 8/1 Gann ratio.

Just 8 days left till the December 9th who knows what will happen
Comments
Siti_Norhidayah
What do you think now? Have we break the level or still on track?
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