Traders,
There CRYPTO currency are sharing similar chart to us.
Check LTCUSD.
It did not go straight down to lower low as we expected, but got one broken trendline of the wave 3 .
The first yellow bottom line has become a support zone to protect LTCUSD to go deeper low.
The second yellow bottom line is not become the second protection and now is confined with some bullish candlesticks pattern. Traders should notice that all those support zone are on such position that connect with some important daily candlesticks.
And for the long trade from now, TP1 is 216, TP2 is 310.
Less is more!
There CRYPTO currency are sharing similar chart to us.
Check LTCUSD.
It did not go straight down to lower low as we expected, but got one broken trendline of the wave 3 .
The first yellow bottom line has become a support zone to protect LTCUSD to go deeper low.
The second yellow bottom line is not become the second protection and now is confined with some bullish candlesticks pattern. Traders should notice that all those support zone are on such position that connect with some important daily candlesticks.
And for the long trade from now, TP1 is 216, TP2 is 310.
Less is more!
Comment:
The starting zone is lower.