2 scenarios in wave theory
Updated
I'm very much a dilemma right now.
Scenario 1 - It is making a flag and is about to break through the upper level. If it breaks that we will most likely see the price surge to more that 500. However there is a lot of resistance to for it to break through. I also see another pattern
Scenario 2 - It is following the uptrend but it has now broken it and made a flag underneath. This is one of the most clear signals that the price will fall and we will see a correction.
I will monitor this one closely the next few hours. In order to not miss a big trading opportunity.
Scenario 1 - It is making a flag and is about to break through the upper level. If it breaks that we will most likely see the price surge to more that 500. However there is a lot of resistance to for it to break through. I also see another pattern
Scenario 2 - It is following the uptrend but it has now broken it and made a flag underneath. This is one of the most clear signals that the price will fall and we will see a correction.
I will monitor this one closely the next few hours. In order to not miss a big trading opportunity.
Note
It broke the resistance line. Now we are heading towards 500. I will be look for an opportunity to add more Litecoin if a flag appears.Trade active
Trade active
Good opportunity to add more with a small flag on M15
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