Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
LTC - Falling wedge - reversal at $75 - Target $130
Litecoin
Long
LTC - Falling wedge - reversal at $75 - Target $130
By Alteroc
Follow
Follow
Updated
Jun 29, 2018
8
1
1
Jun 25, 2018
Dear all,
LTC is following this purple falling wedge. I expect a retest of the $75 mark to create reversal and target the $130 mark.
All the Best from the Crypto Space
Alteroc
Jun 25, 2018
Trade active
Everything is on track so far.
I expect the downward movement to resume within 48 to 72 hours.
Jun 29, 2018
Note
Falling wedge has bee extended.
Based on the wider falling wedge support and a 100% retracement fib
reversal zone is now between $69 and $71.
A dip a bit lower in the form a wick is not to be excluded in case of a harsh BTC move down.
Jul 4, 2018
Note
Right on the spot for now.
However considering current rqlly I now expect retracement due to the bearish divergence on RSI
BTC
Chart Patterns
ETH
Falling Wedge
fib
Technical Indicators
LTC
LTCUSD
LTCUSDT
Trend Analysis
Alteroc
Follow
Related publications
ETC at Wedge resistance + parabolic move = short with TP $11
by Alteroc
TRX heading to long term support at $0.038
by Alteroc
BTC - Fake pump - Fractal target of $5577
by Alteroc
BCH - Falling wedge - reversal at $675
by Alteroc
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.