meszaros

LTCUSD long TP: 104,562 usd.

Long
meszaros Updated   
BITFINEX:LTCUSD   Litecoin
LTCUSD long TP: 104,562 usd. In my latest BTCUSD analysis, I projected a more significant upswing. I am thinking of a similar rise in the LTCUSD chart. The exchange rate analysis starts from the fractal sequences shown in the figure. Apparently 1: 1 fractal copying is done. I will continue to vision this. I see its explanation that the size of the correction separating the rising wave sequences is the same, so that the ATR closing values (white rectangle) predicting its rise are of the same size. From this I conclude that the next rising wave sequence may be of the same size as the second rising wave sequence of the original fractal. Conclusion. I assume a further rise, the target price of the rising wave sequence is 104,562usd.
Comment:

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.