Litecoin is at a major support. a good bounce has good % of playing out
Hello everyone, After the elliot cycle we had a complex correction (simplified in my steemit). - We completed an apparent (ABCDE) triangle formation (bullish); - We touched one of the two major trendlines (precise to the smallest timeframes) before rebounding; - We reached volumes comparable with the massive uptrend; - Perfect inversion with a hammer pattern...
Just spent 2h creating a detailed idea just to see the publishing bug :'( The complete Elliot cycle (complete correction @ steemit.com), finishing in an (ABCDE) Triangle. - Bounced at very strong trendline; - Formed a Hammer, bullish candlestick pattern, meaning an expected growth period of at least 12 days; - Weekly Stoch RSI made bullish...