LTCBTC forming bullish Gartley | A good long opportunity ahead
Previously on 8th Jan I posted an article where on 12 hour chart the Litecoin with Bitcoin pair was forming bullish Shark then finally the price action of LTC entered in PRZ area and produced more than 45% gains.
Formation of bullish Gartley:
This time on very short term 2 hour based chart the price action of LTC with Bitcoin pair is forming bullish harmonic Gartley pattern and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern should be:
Buy between: 0.006284 to 0.006260 sats
Sell between: 0.006303 to 0.006350 sats
Stop Loss:
The potential reversal zone area which is up to 0.006260 sats can be used as stop loss in case of complete candle sticks closes below this level.
This idea is for short term traders not a long term idea; I will be keep posting more trading ideas.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
Formation of bullish Gartley:
This time on very short term 2 hour based chart the price action of LTC with Bitcoin pair is forming bullish harmonic Gartley pattern and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern should be:
Buy between: 0.006284 to 0.006260 sats
Sell between: 0.006303 to 0.006350 sats
Stop Loss:
The potential reversal zone area which is up to 0.006260 sats can be used as stop loss in case of complete candle sticks closes below this level.
This idea is for short term traders not a long term idea; I will be keep posting more trading ideas.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
