Litecoin Faces Heavy Drop
Mis à jour
With a bullish zig zag to start its macro wave structure, expect Luna to find support near $10.50 in a best case scenario.
Transaction en cours
Fib suggests a move to $79 comes before the heavy chopper.Note
Without breaking above $84, its lights out for Litecoin holders.Note
Litecoin bulls attempted to escape the wrath to no avail. The ultimate reversal signal has come.Note
to compare the top formation/signals shown on Luna before it became Luna Classic also known as the Luna-Bomber...
Note
Litecoin not primed for the drop just yet.Transaction en cours
if/when this plays out over the weekend, bears will enter capitulatory mode:Transaction en cours
Another potential melt face is upon us. Should buyers not hold support above the red lines, capitulation will come.Note
Bulls are determined to defy the drop, for now...Note
the drop can only be validated with a pump above $130.Note
the diagonal, which could be the final move up, is a bit smaller than expected.of the contracting and expanding diagonal wave types, this falls under the category of a contracting ending diagonal.
Note
If W5 isn't longer than W4 in price length, its "buy buy bulls"Note
If W5 isn't longer than W3. Mistyped.Note
Diagonal wave invalidated. Transitioning to a Triangle wave markup. PA should stay between the bottom of A and the top of B until Wave E finishes.Signals the last wave in a trending move :)
Note
Pure bear divergence since early in 2017.Note
The money flow indicator also reveals that sellers have been more active than buyers, since way back in December 2020.Ordre annulé
Join me on the waves, where its safe. discord.gg/QRPx6ShxMt
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