ssari

LTC (Prj.Y19.P2.E03).Nearing Trend reversal

Long
ssari Updated   
BINANCE:LTCUSDT   Litecoin / TetherUS
Of recent, LTC is refusing to go any lower and has recently gained ground on BTC (pairing).
This has got my attention and after further TA, it looks like LTC is near the bottom (already hit in my opinion) and is moving towards the edges of the channel described by the pitchFork.

Key points:
> Price spiked at a PIVOTAL point which coincided with BTC Pivotal point. Confirming the RING is the pivot point.
> Fib Fan also confirms the level of bounce, crossing over with the FIB Fan.
> At the Macro level, confluence as well.
> Elliott wave count completed.

It seems MANY points indicate that this pivot move is a major milestone. Coincidence, unlikely.

I'll share the chart, and you make the decision with all the points I just raised.

Also please, don't take my price movement as a serious attempt, its just a guide.


Please like,give it a thumbs up if you agree.


Cheers,
S.Sari \ CryptoProspa

MACRO Level Chart
Daily

Close up

Weekly chart > Tool suggests a bullish divergence

Coinbase with more history
Comment:
Comment:
Found a Hidden Bullish Divergence on the WEEKLY
Comment:
After some more TA. I've come up with this model. Obviously we need to monitor it to see what plays out. Note the pivot points
Comment:
Comment:
Based on coinbase, due to having more history
Comment:
Progress update > coinbase

Binance chart > At the edge of the channel, not enough yet
Trade closed: target reached:
target reached.

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