hello guys, today i'm charting on LTC/USD. LTC/USD is just breaking the 0.382 fibonacci ratio, if the 4H candle can defend this level it will much possible forming cup & handle pattern. keep on eye at the volume, we need higher volume to do that, if the lower volume making higher high, becarefull of the bull trap. trade safe, like & share if this helpful :)
hello guys, if you see in this daily btc/usd chart, the pattern was forming well in both double bottom & top in the last 2 month. i guess, it will breakout soon to around $3800 - $4000 resistance area rather than breakdown depends on the Rsi indictors which steadily upward & the daily candles which defending the 0.618 fibonacci ratio. but you must cautiously set...
yeah,trx/usd is forming a little double bottom,i'm in when the breakout for 1-3% profit
the abc correction done perfectly in the last 24h,now it's forming the 12345 impulse wave in 1h chart,might be will finish the 5th waves around 0.618 fib region.
as u can see,this is might be the complete elliot cycle in 1D timeframe waves/usd in my opinion. do your own research.
according to the triangle,the breakdown will incoming soon.lower high is forming well,i guess the breakdown highly moving down.
i think is gonna retest the 618 fibo while u can see the 3 waves not forming,then fall more dip.better watching & waiting to buy in the confirmation bullish reversal