LTC -Litecoin

Possible breakout attempt - inverted head and shoulders, neck line broken, trend resistance broken, MACD cross

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Levels to watch (resistance along the way up): $308, $318 and $343. Then, final test at the ATH of $348. Good luck

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Retesting the $308 level, now turned support. Possible double top or cup and handle formation on the 5 minutes chart

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Hanging man at $318 on the hourly chart, thus resistance level confirmed. Hopefully is a continuation one and the trend continues upwards toward the next level at $343

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Cup completed; let`s see about the handle:

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Handle formation in progress; $318 level resistance turn support (approx. 32% cup depth):

İşlem elle kapatılmış

After the completion of the handle, there was a spike to $329.84 followed by a drop below the edge of the cup; also a nice bearish divergence on the 15 minutes chart, a very low volume and BTC climbing again to 20k mark. No point insisting now, I expect a retrace to the trend line support around$305 before going up again

Haceru

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.