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LTCUSD: high probability opportunity

1039
LTCUSD 2H

Hey guys, as you can see we have currently have a head&shoulders within the correction of a larger degree. I assume the current move we're in to be wave c of 2 or B. So once, price breaks the h&s to the downside and heads down to marked zone ($170-160), we might get a very high probability trade. Do definitely not miss this one. The minimum target is the $290-310 area. So unless we don't get an AB=CD, I even expect the next impulse to take out the minimum target. In this case, we might see an increase till $340-350ish.

הערה
Price is nearing the buy zone. Heavy confluence for a buy between $168-162.
הערה
Buy zone has been hit!
עסקה פעילה
Targeting $290-310
עסקה פעילה
Just accumulated more. I see a very low risk opportunity, with the worst case being a dump till $140 area - but also a chance that we might(!) bottom soon. Panic is increasing & sentiment is heavily bearish. Taking a contrarian approach and looking at key levels, it means for me that this might be a good time to buy more. Play it safe!

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.