Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
$LTCUSD going for next leg up
Litecoin
Long
$LTCUSD going for next leg up
By Crypto_Ed
Follow
Follow
Updated
Nov 2, 2017
6
5
11
11
Oct 29, 2017
Long time ago that I updated my LTCUSD chart, sorry for that.... I totally forgot maybe because I check this pair 4x a week in our webinars.
I'm looking at follwing pattern: a possible 5 legs up wave. We just finished leg 2 on fibo 50% and starting next leg up towards the blue box.
Pretty simple set up, most of times they work the best.
Less is more.
SL below blue trendline
LTCUSD
Nov 2, 2017
Note
Set up failed, SL got hit after dropping out of the channel.
Looks like LTC is making an ABC correction, possible bounce area on chart
Nov 8, 2017
Note
LTC is back on its way up and I will make new chart with slightly changed pattern
Nov 25, 2017
Note
Another great winner in our group.
Target reached.
Chart Patterns
Crypto_Ed
Follow
Also on:
Related publications
BTC touching the reversal zone
by Crypto_Ed
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
.