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MMBTtrader
Mar 7, 2021 5:33 AM

LTC touch channel low and will fly soon πŸš€Β Long

Litecoin / United States DollarCoinbase

Description

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wow perfect and clean every thing is obvious we have valid channel here that price touch low of channel and two rejection created on this low ,if we pay more attention we can see that price make reversal pattern on channel low and 0.5% of Fibonacci level both and last target is based on channel high and 0.27% of Fibonacci level too.

Targets :
A. 230$
B. 268$
C. 295$(daily strong resistance ---0.27 of Fibo----channel high)

related ideas linked below

<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
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Trade closed: target reached

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50$ = 24% profit (leverage 3 = 72% profit )πŸ˜ŽπŸš€πŸ’š
Comments
BelowZero
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Thanks for the great analysis.
LTC is really important to watch as it usually gives the "tone" for the cycle strength, at least it seemed to do so on the last ones...
Glad you are checking it.
MMBTtrader
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@BelowZero, thanks a lot broπŸ’šπŸ’›
Serana2324
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Great analysis
MMBTtrader
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@Serana2324, thanks a lot
BitonGroup
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awesome channel. thanks for sharing dear
MMBTtrader
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@BitonGroup, thanks a lot brother
BigLava
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Great analysis
MMBTtrader
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@BigLava, thanks a lot bro
FieryTrading
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Great analysis, LTC has a lot of potential!πŸ”₯
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