rickyricardo531

LTCUSD --- RIDING THE WAVES WITH VOLUME

Long
rickyricardo531 Mis à jour   
COINBASE:LTCUSD   Litecoin
Here I applied the Elliott Triangle Wave. Each wave should have atleast 3 subwaves in descending-ascending-descending order. I drew what could be an incoming impulse wave after we complete the triangle guided by the volume profile and resistance/support levels. Looks like were bouncing between the node located at the 150ish area and the 114ish area. Theres a strong developing point of control at below us at the 109 mark.


**THIS IS NOT FINANCIAL OR TRADING ADVICE**
Commentaire:
Condensed the volume profile. Retraced a different impulse elliot wave.

Commentaire:
Zoomed into the peak at the 240$ level. Looks like the volume profile is showing a high volume node taking us in the 150$ direction. I think theres going to be a retracement afterwards down and more or less follow the D-E elliot wave.

Commentaire:
Will it go red or green? Either way, looks like its up later.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.