LTC harmonic butterfly

14 ก.ค. 2019

One last spike upwards before halving? Maybe.....
All the info are displayed on the chart.

15 ก.ค. 2019

การซื้อขายยังคงดำเนินอยู่

The pattern still in play. 4h candles closed above the 1.272%/1.618%
Eyes peeled, it might break down the 1.272....or it may reach T1 38.20%
Trade safely guys!

16 ก.ค. 2019

บันทึก

Unfortunately LTC depends on BTC, so this type of patterns fails on alts most of the time due to BTC dominance.
BUT this harmonic still in play so never say never. Let’s see what comes.
I’m only a bit sceptical right now seeing BTC chilling around 10000.
I have a feeling for a price correction for BTC,so a further drop.

16 ก.ค. 2019

บันทึก

As I said I was quite sceptical...and I was right.
With BTC dominance at this level, patter and fundamentals TA don't work. Most of the time they fail.
It’s seriously a gamble this market...

16 ก.ค. 2019

บันทึก

*Patter=patterns

17 ก.ค. 2019

บันทึก

LTC recover shortly after the drop.
This deep drop seems to be a stop hunt instead(which stopped me out).
Le't see if LTC will reach the target mentioned