#LTCUSDT
This can be taken as a long term trade!
According to technical analysis, LTCUSDT chart is making W Pattern in the weekly timeframe chart. It will complete its W in 6 months to 1 year time.
W Pattern is formed when the price dips down the first time and the bulls try to buy the dip which makes the price rise to a certain point but eventually, the price makes a similar dip before being bullish (ultimately) which confirms the W pattern.
#SyedMuneebAli
This can be taken as a long term trade!
According to technical analysis, LTCUSDT chart is making W Pattern in the weekly timeframe chart. It will complete its W in 6 months to 1 year time.
W Pattern is formed when the price dips down the first time and the bulls try to buy the dip which makes the price rise to a certain point but eventually, the price makes a similar dip before being bullish (ultimately) which confirms the W pattern.
#SyedMuneebAli
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Related publications
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.