Looks like LTCUSD draws same corrective structure as BTC does.
Scanario 1 (Buy): Buy limit ~140-150$
Technically:
- End of ABC correction
- Bullish Gartley Pattern
- Strong SR zone
Scenario 2 (Buy): In case LTCUSD breaks the downtrend trendline, we will look for buy setup after a consolidation.
Scenario 3 (Sell): Sell on the next retest of the downtrend trendline (Wave 4~226-230$) With potential TP ~140-150$.
Trade responsibly.
Scanario 1 (Buy): Buy limit ~140-150$
Technically:
- End of ABC correction
- Bullish Gartley Pattern
- Strong SR zone
Scenario 2 (Buy): In case LTCUSD breaks the downtrend trendline, we will look for buy setup after a consolidation.
Scenario 3 (Sell): Sell on the next retest of the downtrend trendline (Wave 4~226-230$) With potential TP ~140-150$.
Trade responsibly.