April 25, 2024

LTC / BTC Wave Analysis

# LTC / # BTC
TF: 4H

A very interesting trading setup with an extremely short stop is being drawn. The hypothesis is thatwave [ii] is now being completed (or completed), inside of which a finite diagonal is formed in wave ©.

If the hypothesis is correct, then we can takelong from the blue (turquoise) area with a stop on the red level. If it’s erroneous, then we will take the long by the orange level with a stop for the local minimum at that time (now it is 0.006). In all cases, we use the limiter, of course.

Thus, wherever the price goes now, we have an action plan. And given the fact that the goal is above a minimum of 0.02, then ...: o)
LTC / BTC Wave Analysis