By the grace of Allah the most high after giving more than 29% profit as my previous idea:
Now on smaller time period chart the priceline of Litecoin / US Dollar has formed a bullish Crab pattern and has hit the spike within potential reversal zone but MACD and Stochastic are still bearish therefore the priceline may give us another chance to catch it from PRZ area insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 63.55 to 58.97
Sell between: 67.10 to 75.70
Regards,
Atif Akbar (moon333)
Now on smaller time period chart the priceline of Litecoin / US Dollar has formed a bullish Crab pattern and has hit the spike within potential reversal zone but MACD and Stochastic are still bearish therefore the priceline may give us another chance to catch it from PRZ area insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 63.55 to 58.97
Sell between: 67.10 to 75.70
Regards,
Atif Akbar (moon333)
