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jojofang0901
Aug 1, 2021 9:20 PM

LTC Watch for bullish reversal up move  Long

Litecoin / U.S. dollarBitstamp

Description


Hello traders:

Finally are seeing some goof bullish price action across the cryptos, and LTC is looking good for the bullish reversals.

We can see after the bearish impulse down, price begin to form into this descending like structure, correcting the price.

The latest price formed a double bottom, and a strong bullish impulse breaking out of the structure.

Now I would wait for last confirmation of a bullish continuation correction, as well as an Inverse Head and Shoulder price action to add confluence to the entry.

Thank you

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Comments
Helical_Trades
Nice Explain Everything in details 👏😍
KlejdiCuni
Amazing Analysis
SignalProvider
I would be buying from this resistance
Well done
jojofang0901
FieryTrading
Thanks!
jojofang0901
@FieryTrading, your welcome thx
financialflagship
Great forecast, thanks a lot.
jojofang0901
@financialflagship,no problem thx
ForexTrendline
Another nice opportunity, awesome analysis!
jojofang0901
@ForexTrendline yea let’s see how it develops thx
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