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Litecoin Faces Heavy Drop

업데이트됨

With a bullish zig zag to start its macro wave structure, expect Luna to find support near $10.50 in a best case scenario.

액티브 트레이드

Fib suggests a move to $79 comes before the heavy chopper.

노트

Without breaking above $84, its lights out for Litecoin holders.

노트

Litecoin bulls attempted to escape the wrath to no avail. The ultimate reversal signal has come.

노트

to compare the top formation/signals shown on Luna before it became Luna Classic also known as the Luna-Bomber...

노트

Litecoin not primed for the drop just yet.

액티브 트레이드

if/when this plays out over the weekend, bears will enter capitulatory mode:

액티브 트레이드

Another potential melt face is upon us. Should buyers not hold support above the red lines, capitulation will come.

노트

Bulls are determined to defy the drop, for now...

노트

the drop can only be validated with a pump above $130.

노트

the diagonal, which could be the final move up, is a bit smaller than expected.
of the contracting and expanding diagonal wave types, this falls under the category of a contracting ending diagonal.

노트

If W5 isn't longer than W4 in price length, its "buy buy bulls"

노트

If W5 isn't longer than W3. Mistyped.

노트

Diagonal wave invalidated. Transitioning to a Triangle wave markup. PA should stay between the bottom of A and the top of B until Wave E finishes.

Signals the last wave in a trending move :)