On the annual timeframe of the LTC chart, the Butterfly (bear) pattern has almost formed. This pattern indicates a change in trend
We have also reached the upper limit of the global ascending corridor
As a result, according to this pattern, a downward movement is expected
Current price: $125.28
Expected movement according to the patterns, in the range of $117 or $107
Also in this pattern, a breakout of the corridor at the level of $133 is possible
We have also reached the upper limit of the global ascending corridor
As a result, according to this pattern, a downward movement is expected
Current price: $125.28
Expected movement according to the patterns, in the range of $117 or $107
Also in this pattern, a breakout of the corridor at the level of $133 is possible
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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.
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.