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The Macro Defying Bullish Continuation In Litecoin

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Litecoin (COINBASE:LTCUSD)  
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COINBASE:LTCUSD   Litecoin
Trend Analysis Harmonic Patterns Wave Analysis LTC Litecoin (Cryptocurrency) supportandresistancezones Bullish Butterfly butterfy
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trendanalysis harmonicpatterns waveanalysis ltc litecoin supportandresistancezones bullishbutterfly butterfy
We had a bit of a bearish pullback because of Bitcoin and it was tradable thanks to the Bearish BAMM but now Litecoin just finds itself back at a major support that happens to align with the 200 SMA and the 1.414 Butterfly BAMM PCZ. If Litecoin can pivot from here i think it will go for that $99-$105 target though a more short term target would be $74-$77
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So LTC has hit the first target of this setup as of right now it's holding these levels pretty well and if it keeps it up we can got straight to $84.97 if we start seeing weakness form below $73 i would just take profits here.

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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.