LTCUSDT
1H trend chart
-
While the whole market is encountering a correction, LTC is also consolidating.
Further, it is forming an inverse Head and Shoulders pattern.
If price breaks the downtrend line(=neckline of HS) w/o wicks top, trading strategy as below.
-
Profit Targets:
a) 214.85----Fib(1)
b) 226.91~231.79----Fib(1.272~1.382)
c) 237.02----Fib(1.5)
Stop losses:
a) 186.75-----Red horizontal ray
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
🌔Signal channel: t.me/tradingdiary_cat
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: www.bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: www.bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
