A pattern that I observed ad nauseam in BTC , is what I call the W pattern. The likelihood of this pattern completing has been very high and the trend after completion is usually bullish . I am ignorant of what harmonic pattern it fits, and if someone knows please tell me. I know this pattern only from repeated observations in the price action.
LTC bounced of the support of the descending channel (purple) and still can be supported by the major ascending channel (green). So my view is still bullish on LTC.
LTC bounced of the support of the descending channel (purple) and still can be supported by the major ascending channel (green). So my view is still bullish on LTC.
Order cancelled
Pattern broken.
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.