Of recent, LTC is refusing to go any lower and has recently gained ground on BTC (pairing).
This has got my attention and after further TA, it looks like LTC is near the bottom (already hit in my opinion) and is moving towards the edges of the channel described by the pitchFork.
Key points:
> Price spiked at a PIVOTAL point which coincided with BTC Pivotal point. Confirming the RING is the pivot point.
> Fib Fan also confirms the level of bounce, crossing over with the FIB Fan.
> At the Macro level, confluence as well.
> Elliott wave count completed.
It seems MANY points indicate that this pivot move is a major milestone. Coincidence, unlikely.
I'll share the chart, and you make the decision with all the points I just raised.
Also please, don't take my price movement as a serious attempt, its just a guide.
Please like,give it a thumbs up if you agree.
Cheers,
S.Sari \ CryptoProspa
MACRO Level Chart
Daily
Close up
Weekly chart > Tool suggests a bullish divergence
Coinbase with more history
This has got my attention and after further TA, it looks like LTC is near the bottom (already hit in my opinion) and is moving towards the edges of the channel described by the pitchFork.
Key points:
> Price spiked at a PIVOTAL point which coincided with BTC Pivotal point. Confirming the RING is the pivot point.
> Fib Fan also confirms the level of bounce, crossing over with the FIB Fan.
> At the Macro level, confluence as well.
> Elliott wave count completed.
It seems MANY points indicate that this pivot move is a major milestone. Coincidence, unlikely.
I'll share the chart, and you make the decision with all the points I just raised.
Also please, don't take my price movement as a serious attempt, its just a guide.
Please like,give it a thumbs up if you agree.
Cheers,
S.Sari \ CryptoProspa
MACRO Level Chart
Daily
Close up
Weekly chart > Tool suggests a bullish divergence
Coinbase with more history
Note
Note
Found a Hidden Bullish Divergence on the WEEKLYNote
After some more TA. I've come up with this model. Obviously we need to monitor it to see what plays out. Note the pivot pointsNote
Note
Based on coinbase, due to having more historyNote
Progress update > coinbaseBinance chart > At the edge of the channel, not enough yet
Trade closed: target reached
target reached.
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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.