If You read and enjoyed my idea, kill the "LIKE" button or if You are new here, then press the "FOLLOW" button and get instant updates!
Litecoin has opportunities as it was on NEO on my previous analysis.
The green circle is the possible bounce area which depends on BTC'. The bounce criteria: 1. EMA's on the circle acts as support. 2. The major counter trendline act as a support 3. FIB perfect retracement level 62% 4. Previous resistance becomes support 5. Smaller trendline 6. And if we start o go to another run then the Inverted Head and Shoulders bullish pattern support our move upwards.
Sell if the price gets a 4H candle close below the counter trendline - which means a close inside the red circle!
Please, don't forget to DESTROY THE LIKE BUTTON :) Thank You for your support, I really appreciate it!
CHEERS!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
BTC' Analysis:
Comment
⋅
New BTC trading post, to support me hit the "LIKE" button and hit it HARD!! ;) Have a nice weekend!
IH&S now invalidated since it went below the neckline? Could be wedge now or following the channel. On the bigger view, it could also be the dip of the first 3 peaks that can go up and down until it goes to the second 3 peaks. But anyway here is my closer view of ltc