moon333
Long

LTCUSD has formed a bullish butterfly | Upto 66% expected

BITFINEX:LTCUSD   Litecoin / U.S. Dollar
Priceline of Litecoin / US Dollar has formed a bullish butterfly and entered in potential reversal zone to take bullish divergence from here soon insha Allah.

MACD is turning bullish .
RSI is oversold.
Stochastic has given bull cross.
Price action is getting bounced after hitting the support of bollinger bands .
Volume profile of complete pattern is showing less interest of traders at potential reversal zone.
I have defined targets using Fibonacci sequence.
( Plz ignore the previous chart where I predicted a shark now the leg is extended and it is behaving as bullish butterfly now you can follow the below revised targets, thanks)

Buy between: 67.786 to 57.348

Sell between: 75.882 to 95.728

Regards,
Atif Akbar (moon333)
Trade closed: target reached: By the grace of Allah the most high this trade produced more than 29% profit

Related Ideas

i am still waiting for you sir about btc usd
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Accurate XABCD placement !
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it's short time that i follow you , your analysis are very accurate
+1 Reply
sir plz do new analysis on btc plz
+1 Reply
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