Litecoin completed the cycle from 02/02/2018 low at 252.55 and has been correcting in a 3 waves move to 158.57 where the altcoin found support at equal leg area from 20/02/2018 high cycle. Since then, it bounced in a 3 waves moveto 195.00. From there and as long as above 158.57, litecoin shouod resume higher targetting 207.63-216.22. Break above 252.55 whould initiaite a bullish sequence in daily and would add conviction to the bullish view.
Failure to hold 158.57 from current level would put concern about a 5 waves down calling for more downside in medium term, likely to challenge the 02/02/2018 low at 102.00.
Invalidation level to the upside is 102.00.
Failure to hold 158.57 from current level would put concern about a 5 waves down calling for more downside in medium term, likely to challenge the 02/02/2018 low at 102.00.
Invalidation level to the upside is 102.00.
註釋
交易結束:達到停損點
Litecoin most likely posting a 5 waves motive move from 252.55 is calling for more downside. will reassess situation and post new count.免責聲明
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。