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LTC to start Wave 3 to $440

1082
LTC was hard hit at the beginning of the crash since December. However, the drop slowed down towards the end.

We're now having a bull flag. It could serve as a measuring device:

In the previous jump, once we faced a bull flag we had a 0.5 retracement before jumping to 3.618x extension. This gives us a hint at the potential target of around $440 after perhaps retracing to $200.

This chart accompanies a YouTube video I'm posting.
Not
Very surprised that it couldn't break out of 230. Was deciding between XMR & LTC last night but chose to double down on LTC ---> short-term mistake.
Not
LTC has bullish divergence on vol now (4h)
Not
just hit the block height for the "litecoin cash" fork. some ppl immediately try to short it --- but at this point it's going to provide a buy opportunity IMHO

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.