Long

LTC 4H Decision Time Break up or Down

Updated

The symmetrical triangle will force a move up or down soon. The overall pattern looks bullish. Using Price Action Based (PABT) theory: only two moves - Expansion and consolidation, the LLPB is 94.74, deep low on the weekly 76 could be complete and the bull target is 136 - 145.

Note

If supports hold at the 93 level could be entry time.

Note

1H MA200 93 4H MA50 93

Note

Weekly High for major bull run target 182
Daily chart local high 106
Daily chart 2nd local high 127
MA20 on Daily 105
MA50 on Daily 118

Note

FIB H to L on daily
.786 131
.618 119
.5 111
.382 103
.236 92.88

Note

15 minute Ascending triangle has tightening consolidation at top (93.45) enter a long a close of candle at apex (93).

Note

tight SL at 92

betsy-ann

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