Litecoin has a very strong potential bottoming structure after being extremely weak since back in Spring and relying on Bitcoin for the short term gains.
Will it kick off the alt season like the previous one? Very likely, imo.
Text doesnt show up... Alternative count in case this is just a rally before making new lows.
Nota
All this overlapping and low liquidity doesnt really help on identifying the correct count. This is probably a flat correction (left) with lower prices eventually. There is a small chance that its impulsive but given the almost full retrace its now low probability (right).
Nota
5 waves up on key resistance on litecoin, should keep going up either from here or after a deeper retracement.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.