LTCUSD - Bullish flag and Supply Zone ahead
Updated
Bullish flag on LTC, Let's see what it does! Also supply zone ahead.
Note
Also a resistance zone, forgot to mention that!Note
Ethereum analysis
Neo analysis
Bitcoin analysis
Note
BTC, ETH and LTC all in process of making bullish flags! Identify the correlation patterns and use those discoveries for trading/investment ideas! :)Note
LTC UPDATE!Price found resistance and retraced back to the $62-63 area. Why was price rejected? There's a couple of confluence points:
- Previous Resistance zone.
- Bullish Flag completed.
- Price made it to the 1.618 extension and fell. (Popular Take Profit level!)
Make note that all of these points occur around the same zone which indicates a high probabily of rejection!
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