rickyricardo531

LTCUSD --- RIDING THE WAVES WITH VOLUME

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rickyricardo531 Güncellendi   
COINBASE:LTCUSD   Litecoin
Here I applied the Elliott Triangle Wave. Each wave should have atleast 3 subwaves in descending-ascending-descending order. I drew what could be an incoming impulse wave after we complete the triangle guided by the volume profile and resistance/support levels. Looks like were bouncing between the node located at the 150ish area and the 114ish area. Theres a strong developing point of control at below us at the 109 mark.


**THIS IS NOT FINANCIAL OR TRADING ADVICE**
Yorum:
Condensed the volume profile. Retraced a different impulse elliot wave.

Yorum:
Zoomed into the peak at the 240$ level. Looks like the volume profile is showing a high volume node taking us in the 150$ direction. I think theres going to be a retracement afterwards down and more or less follow the D-E elliot wave.

Yorum:
Will it go red or green? Either way, looks like its up later.

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.