Litecoin has retraced significantly as well, reverting back to the lower bound of its range, finally finding support at $200. Both Kovach Momentum Indicators have turned over to reflect the clout. A consistent theme here is that we simply need more momentum to update our Elliott Wave analysis. The psychological and technical $200 level seems very strong and will also provide an excellent entry opportunity. After that we have $189 and $176, then a nested Fibonacci level at $162. When momentum reignites, LTC must break $208, $210 and $220 before considering $236 again. Overall, we still seem to be forming a bull flag which is very encouraging.
Interested in the Altcoin Index and the Crypto Spread Indicator? Check them out here!
For daily commentary on cryptocurrencies, subscribe to our newsletter!
Interested in the Altcoin Index and the Crypto Spread Indicator? Check them out here!
For daily commentary on cryptocurrencies, subscribe to our newsletter!
Join my discord at discord.io/quantguy
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Join my discord at discord.io/quantguy
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.