last time we talked about LTC/USDT the price was in an ascending channel and was in an ascending triangle as well which the break out has happened for it! and now if we use the harmonic pattern like crab pattern we can understand that the price can increase even further! the AB movement is completed and the CD movement is about to complete! if the CD movement happens the price can reach around 290$ and than start It's correction .the correction is expected to reach the 0.618 line of Fibonacci retracement which will become It's strongest support for now!
*Previous Analysis :
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea . Have a nice day and Good luck
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.