Long
LTC Bullish Shark Harmonic on Daily
Little Litecoin has formed a bullish shark harmonic on the daily.
I would look for a buy in the purple area.
SL in the red area.
TP in the blue area.
Has around 100 percent upside potential.
Still has around 15 -30 percent to the downside in order to hit my buy area.
Look for divergence to form in the buy area.
Make sure you practice good R/R.
Any insight is helpful as i am still learning harmonics.
Thanks.
Happy trading.
tradingview.com/chart/7AZE2TN6/?symbol=BITSTAMP:BTCUSD
I would look for a buy in the purple area.
SL in the red area.
TP in the blue area.
Has around 100 percent upside potential.
Still has around 15 -30 percent to the downside in order to hit my buy area.
Look for divergence to form in the buy area.
Make sure you practice good R/R.
Any insight is helpful as i am still learning harmonics.
Thanks.
Happy trading.
tradingview.com/chart/7AZE2TN6/?symbol=BITSTAMP:BTCUSD
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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.