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
相關出版品
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
Join my discord at discord.io/quantguy
相關出版品
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。