LTC cup and handle pattern

2023年4月15日

1D chart:
The H&S did not stop falling after falling to the target price of 73.99, and the lowest price reached 64.98. After the LTC stopped falling, it formed a bottom and broke through the neckline price of 88.26, showing an ascending triangle pattern.
Pay attention to the target price above:
99.90
102.65
111.54
117.13
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4 hr chart cup-and-handle pattern:

After breaking through the neckline at 88.26, the price tested around 95.86 twice. The first step back to 85.53 was effectively supported, the second step back to the Fibonacci sequence of 0.382 (89.48), and then broke through the neckline 95.86, and the cup-handle was established.
Follow the goals above:
99.81
101.03
102.24
106.19
108.67
Stop loss: 88.88
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Daily charts operate with spot or low leverage.
The 4 hr cup-and-handle pattern can be operated with a higher leverage to expand profit margins.
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2023年4月18日

註釋

99.81✅
101.03✅
102.24✅
106.19
108.67
The cup and handle pattern continues to move towards the goal!

2023年4月20日

交易結束：達到停損點

Cup handle stop loss.

2023年4月20日

註釋

The ascending triangle pattern on the 1D chart of LTC is still valid, and the current price is on the neckline at 88.26.
There are still two price targets above:
111.54
117.13

2023年5月1日

註釋

On the 4hr chart of LTC, a diamond pattern appears near the neckline 88.26, which means that LTC is consolidating. If there is an upward breakthrough, pay attention to 97.15, 99.0 and 102.65.
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If it falls below, pay attention to 77.87~79.37.
The lowest price is possible to 73.87.
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