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.
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.
Nota
Price is nearing the buy zone. Heavy confluence for a buy between $168-162.Nota
Buy zone has been hit!Trade attivo
Targeting $290-310Trade attivo
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!
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.