LTCUSDT 4h short term Analysis
Hello Traders!
After a 5 leg impulsive move to the top of the ascending channel, we can expect a correcting move to the shown fib levels or the main support area. if you are entering this swing trade position make sure to consider a stop-loss since wave 5 of the upward move might extend even higher! After all, there is no reward for those who don't take the risk ;)
You're very welcome to share your analysis in the comment section.
Have a profitable weekend everyone!
After a 5 leg impulsive move to the top of the ascending channel, we can expect a correcting move to the shown fib levels or the main support area. if you are entering this swing trade position make sure to consider a stop-loss since wave 5 of the upward move might extend even higher! After all, there is no reward for those who don't take the risk ;)
You're very welcome to share your analysis in the comment section.
Have a profitable weekend everyone!
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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.