LTC - Daily correction not finished yet
i think we are in a big daily sideways move for ltc (and 99% of other crytpo)
first move i will be targeting is the move down to complete the C wave of the running flat targeeting 77$ area , then i will be looking for buy setups to get the implusion up that will break the last high at 115$ area ;
then i thin it will be tricky , the move up can continue but we have big probability to retest the low again at least 1 more time ; at 115$ / 120 $ or even 144$ this will be the area to look for sell setups to retest 40$ again ;
this is just my analysis not a financial advice
do not copy , and trade responsibly :)
first move i will be targeting is the move down to complete the C wave of the running flat targeeting 77$ area , then i will be looking for buy setups to get the implusion up that will break the last high at 115$ area ;
then i thin it will be tricky , the move up can continue but we have big probability to retest the low again at least 1 more time ; at 115$ / 120 $ or even 144$ this will be the area to look for sell setups to retest 40$ again ;
this is just my analysis not a financial advice
do not copy , and trade responsibly :)
Trade closed manually:
The move down look strong and can be the one that break the low , I will keep the short position open and protect it break even untill further notice