With Lite pay approaching us fast (red line)what do the longer term charts say. Here on the long term 4hourly chart you can see the fractal symmetry of two overlapping bull flags. The second smaller one formed with the announcement of litepay during December of 2017. The valuable part of the smaller bull flag is that it also has a corresponding bullish divergence on the MACD (the MACD has smaller minimums at the same times as the price is inching lower). So hold on to your seats for Monday if Litepay has a successful launch then I expect that the bull flag will break with a price target of around 420.
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.