Litecoin at crossroads: 1 hour tf analysis
Litecoin price chart shown in this analysis is a 1 hour time frame from August 4, 2018.
Price action from September 4, 2018 to date is described using as a symmetrical triangle; a chart pattern that ideally indicates stalemate between demand and supply.
~$62.36 and $50.48 are indicated as price levels to pay attention to as a break above the former implies resumption of bullish strength, while a break below the latter indicates further lower prices in Litecoin.
The width of the chart pattern is valuable in providing a minimum estimate for projection of the price following a confirmed breakout.
Price action from September 4, 2018 to date is described using as a symmetrical triangle; a chart pattern that ideally indicates stalemate between demand and supply.
~$62.36 and $50.48 are indicated as price levels to pay attention to as a break above the former implies resumption of bullish strength, while a break below the latter indicates further lower prices in Litecoin.
The width of the chart pattern is valuable in providing a minimum estimate for projection of the price following a confirmed breakout.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.