LTCUSD 3.98% seems to have found a bottom after yesterday's sharp selloff.
Take note of the big volume on the 4 hour candle that went down all the way to approx. 175 USD, and then closed at around 240 USD (indicated on the chart with the white arrows).
The .5 to .618 of the first 5-waves advance provided good support.
If this analysis is correct, hold on to your hats!
Take note of the big volume on the 4 hour candle that went down all the way to approx. 175 USD, and then closed at around 240 USD (indicated on the chart with the white arrows).
The .5 to .618 of the first 5-waves advance provided good support.
If this analysis is correct, hold on to your hats!
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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.