LTC - BIG NEWS : THIS Last Happened in 2020๐
๐Hi Traders, Investors and Speculators of Charts๐
Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. Fractals not only apply to chart patterns... but also to technical indicators!
We observe the bullish cross on our technical indicator; a bullish cross that lead tot he parabolic cycle in December 2020 (there hasn't been one since). I used this exact method to call the start of a new BTC bullish cycle. Find it here:
From a trendline analysis as well as moving averages, we get a support zone around $80. The price may very well wick towards this zone and STILL remain bullish.
Remember that as BTC trades sideways/range, we may see rallies across altcoin markets. I've created this post to give you a better understanding of the rotation between BTC and Alts:
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CryptoCheck
LTCUSDT
Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. Fractals not only apply to chart patterns... but also to technical indicators!
We observe the bullish cross on our technical indicator; a bullish cross that lead tot he parabolic cycle in December 2020 (there hasn't been one since). I used this exact method to call the start of a new BTC bullish cycle. Find it here:
From a trendline analysis as well as moving averages, we get a support zone around $80. The price may very well wick towards this zone and STILL remain bullish.
Remember that as BTC trades sideways/range, we may see rallies across altcoin markets. I've created this post to give you a better understanding of the rotation between BTC and Alts:
_______________________
๐ขFollow us here on TradingView for daily updates๐ข
๐Hit like & Follow ๐
CryptoCheck
LTCUSDT
ืืขืจื:
LTC Looking extremely bullish short term:
