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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