The price of LTCUSD is still trading inside of the corrective zone, between the levels of $230 - $304. In order to move higher in price, the market must break out above the level of $304 first, then test the level of $380 and attack the swing high at $420. The next nice take profit level for the up wave if at $600, which would gibe a +130% for someone who bought the LTCUSD in the correction zone.
Otherwise, the market will continue to move sideways.
Any violation of the level of $144.00 invalidates the bullish impulsive scenario.
Otherwise, the market will continue to move sideways.
Any violation of the level of $144.00 invalidates the bullish impulsive scenario.
註釋
Another reversal from the trendline resulted in breakout through local support at $206. Nevertheless, the kay support is still at $144. The R/R/ ratio is now even higher - 200%.免責聲明
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