LTCUSD Daily ABCD Pattern Analysis
TP- 129.0956
SL- 52.05
Note:
1- In Monthly & Weekly views, uptrend structures have NOT yet formed yet.
2- In Daily view, uptrend structure exsists.
3- Contra Fibonacci does not confirm the Daily C point; hence, this is a 50% probability trade.
4- Pay attention to the BTC trend, if BTC continues to rise, LTC may hit the target. See my BTC analysis, BTC forms is likely to rise with 80% probability.
5- This is not a trading advise, This is a study.
SL- 52.05
Note:
1- In Monthly & Weekly views, uptrend structures have NOT yet formed yet.
2- In Daily view, uptrend structure exsists.
3- Contra Fibonacci does not confirm the Daily C point; hence, this is a 50% probability trade.
4- Pay attention to the BTC trend, if BTC continues to rise, LTC may hit the target. See my BTC analysis, BTC forms is likely to rise with 80% probability.
5- This is not a trading advise, This is a study.
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