Hello guys,
I found a cup and handle pattern on the 30min chart. So that's bullish on short term. If litecoins breaks the next resistance around $42 it could easily move up to $43.
If it hits the resistance level of $44 it will probably get a correction, because bitcoin could drop anytime ( see following idea)
Leave a like if you like this idea, I hope it's useful!
This is not financial advice, always do your own research.
I found a cup and handle pattern on the 30min chart. So that's bullish on short term. If litecoins breaks the next resistance around $42 it could easily move up to $43.
If it hits the resistance level of $44 it will probably get a correction, because bitcoin could drop anytime ( see following idea)
Leave a like if you like this idea, I hope it's useful!
This is not financial advice, always do your own research.
註釋
cup and handle pattern*註釋
Strategy is working out just like I expected.交易進行
Still working as I expected. Currently Litecoin is trying to break the $41.82 resistance. Next resistance is around $43.7.註釋
Litecoin failed to break the $41.82 resistance. Litecoin is currently testing the $41.5 support level, we could drop to the support level around $41.34註釋
Head and sholder pattern formed, next supert zone around $41.註釋
Head and shoulders*註釋
Reversed head and shoulders pattern forming, but as I have already mentioned everything depends on what bitcoin will do.
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