Hello traders,
Looking at the daily chart for Litecoin, we see that Litecoin has entered the demand zone that I drew in the chart. Historically, this region ($60-$70 range) was traded extensively, and it is expected for Litecoin to find support.
Key support:
1: $70 (38.2% fib level)
2: $61 (50% fib level)
3: $52 (61.8% fib level) if this level is breached, Litecoin is in a huge trouble.
Potential scenario:
1: $70 -> $80 SL: $69 (triggered)
2: $61 -> $70 SL: $60
3: $52 -> $61 SL: $50
Happy trading!!
Looking at the daily chart for Litecoin, we see that Litecoin has entered the demand zone that I drew in the chart. Historically, this region ($60-$70 range) was traded extensively, and it is expected for Litecoin to find support.
Key support:
1: $70 (38.2% fib level)
2: $61 (50% fib level)
3: $52 (61.8% fib level) if this level is breached, Litecoin is in a huge trouble.
Potential scenario:
1: $70 -> $80 SL: $69 (triggered)
2: $61 -> $70 SL: $60
3: $52 -> $61 SL: $50
Happy trading!!
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.
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.