moon333

LTCUSD formed bullish Butterfly | Upto 27% move expected

Long
BITFINEX:LTCUSD   Litecoin
Priceline of Litecoin / US Dollar cryptocurrency has formed bullish Butterfly pattern and entered the potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:

Buy between: 47.881 to 44.505

Sell between: 50.500 to 56.841

Regards,
Atif Akbar (moon333)

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