We shared LTCUSD idea yesterday, we said its formed a megaphone pattern which suggests that herd are the owners
That doesn't look very tough when you see the low volume
the lesson is: the herd cannot uphold the price
so we expect the price decline to around 256.00 or 245.00 (0.5 , 0.681fibonacci retracement)
That doesn't look very tough when you see the low volume
the lesson is: the herd cannot uphold the price
so we expect the price decline to around 256.00 or 245.00 (0.5 , 0.681fibonacci retracement)
Note
We decline under 256.00 0.5 Fibonacci retracement as we saidwe expect tomorrow will be a good buy opportunitty
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.
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.