meszaros

LTCUSD correction after long entry...

BITFINEX:LTCUSD   Litecoin
LTCUSD correction after long entry. My previous analysis closely followed the LTCUSD movement. Therefore, my current analysis is based on the already familiar set of rules. In my opinion, the exchange rate has entered a correction phase. Fractal copying can still occur. The analysis shows that both fractals developed near the 200-day moving average crossings. You can also see a thin (sea-blue) rectangle. This rectangle represents the offset of the wave sequence within the fractal. Indicates that the fractal that is emerging may be 1: 1, but that its peaks may move upwards. In case I have a real idea, the target price increase is 70usd.

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