Hi,
Welcome to this analysis about Litecoin, we are looking at the 45-minute timeframe perspectives. Formerly Litecoin managed to bounce above the remained resistances and as I discovered now is developing this main ascending-channel-formation with the ABC-wave-count within and the waves A and B already completed. Now Litecoin is building up above the previous resistance with this local triangle-formation which is likely to be the origin for further volatility which will develop with Litecoin breaking out above the boundary and then finally moving above the upper boundary of the channel-formation, when such a price-action happens it will be the set-up for the wave-C-extension to the upside, it will be an interesting journey ahead.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"There are many roads to prosperity but one must be taken."
Information provided is only educational and should not be used to take action in the market.
Welcome to this analysis about Litecoin, we are looking at the 45-minute timeframe perspectives. Formerly Litecoin managed to bounce above the remained resistances and as I discovered now is developing this main ascending-channel-formation with the ABC-wave-count within and the waves A and B already completed. Now Litecoin is building up above the previous resistance with this local triangle-formation which is likely to be the origin for further volatility which will develop with Litecoin breaking out above the boundary and then finally moving above the upper boundary of the channel-formation, when such a price-action happens it will be the set-up for the wave-C-extension to the upside, it will be an interesting journey ahead.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"There are many roads to prosperity but one must be taken."
Information provided is only educational and should not be used to take action in the market.
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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.
►✅JOIN THE BEST+ TOP TELEGRAM TRADING CHANNEL: t.me/VincePrinceForexGoldStocks
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
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.