LTCUSD has formed a bullish butterfly | Upto 66% expected
Updated
Priceline of Litecoin / US Dollar has formed a bullish butterfly and entered in potential reversal zone to take bullish divergence from here soon insha Allah.
MACD is turning bullish.
RSI is oversold.
Stochastic has given bull cross.
Price action is getting bounced after hitting the support of bollinger bands.
Volume profile of complete pattern is showing less interest of traders at potential reversal zone.
I have defined targets using Fibonacci sequence.
(Plz ignore the previous chart where I predicted a shark now the leg is extended and it is behaving as bullish butterfly now you can follow the below revised targets, thanks)
Buy between: 67.786 to 57.348
Sell between: 75.882 to 95.728
Regards,
Atif Akbar (moon333)
MACD is turning bullish.
RSI is oversold.
Stochastic has given bull cross.
Price action is getting bounced after hitting the support of bollinger bands.
Volume profile of complete pattern is showing less interest of traders at potential reversal zone.
I have defined targets using Fibonacci sequence.
(Plz ignore the previous chart where I predicted a shark now the leg is extended and it is behaving as bullish butterfly now you can follow the below revised targets, thanks)
Buy between: 67.786 to 57.348
Sell between: 75.882 to 95.728
Regards,
Atif Akbar (moon333)
Trade closed: target reached
By the grace of Allah the most high this trade produced more than 29% profit
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