Hi friends! Welcome to my Litecoin technical analysis
We have recently seen a bullish tiny inverted head and shoulder formation on ltc that once will completed will allow price action to cross a long term trend resistance (green) line. This move if it happens will result to a breakout of yet another bullish formation which is the bump and run with a wide bump which could be completed in a 5 wave formation. With this development I am positive litecoin could double in a short span of time.
What you guys think of this?
This is just a guide, not a trading advise.
Hit like and follow for more chart updates!
Thanks
-Your Bullish Poop Trader
We have recently seen a bullish tiny inverted head and shoulder formation on ltc that once will completed will allow price action to cross a long term trend resistance (green) line. This move if it happens will result to a breakout of yet another bullish formation which is the bump and run with a wide bump which could be completed in a 5 wave formation. With this development I am positive litecoin could double in a short span of time.
What you guys think of this?
This is just a guide, not a trading advise.
Hit like and follow for more chart updates!
Thanks
-Your Bullish Poop Trader
Trade active
LTC Update Trade active
Next buy opportunity is at wave 4/ BU/LPS Note
Wave 3 reached. Wave 4 next. Note
Has more room to go down to reach wave 4. Currently showing hidden bearish divergence both in 4H and 1H chart. Price is also sitting at the upperband which cnfirms an imminent move downwards. Trade active
LTC starts to go down as anticipated. Note
We are bullish at macro perspective but we are bearish short term. 
Note
Litecoin update and comparison with $storm. thanks 
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LTC update. 
Trade closed: target reached
Note
Upside Objective Reached. Time to reverse! 
Trade closed: target reached
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.