LitecoinShort
LTC USD Wolfe wave count short. Bull trap.
If we get bull trap as expected, we might land on 96, if it takes longer, than around 97. The length of inverted head and shoulders is up to 100, if drawn correctly and enough momentum. Which is also a psychological number. I believe we won't pass it. 100 is also an area near trend line drawn from wave 1 through wave 4 of the falling channel according to Wolfe wave strategy. According to which, that would be the target area to take profits, before trend reversal.
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.
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.