After finishing a long consolidation period in a triangle, LTCis breaking down the formation and turning to retrace. The price is falling from 44499 to 42544.
In the ascending triangle, as we see, price finished the ABCDE formation and is ready to rally. The current price range is similar to its previous legs, so an intraday sell appears.
We are assuming the price will reach the target and more sellers will participate in the market during the New York session.
I am with you as the market goes, and I will hopefully read your comments and opinions on the current price structure.
Follow tune.
In the ascending triangle, as we see, price finished the ABCDE formation and is ready to rally. The current price range is similar to its previous legs, so an intraday sell appears.
We are assuming the price will reach the target and more sellers will participate in the market during the New York session.
I am with you as the market goes, and I will hopefully read your comments and opinions on the current price structure.
Follow tune.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.