Possible LTCUSDT Fall ๐
In the elliot wave pattern it seems that the retracement was completed but it has shown weakness to break the support of 105.5, even creating a Shoulder-head-shoulder, added to that it also failed to create more waves (always reaching 100% of the previous minute) so it is possible that the retracement has not finished yet
Notes:
If so, it could be the following scenario
Wave (a) reaching the limit of 86 and wave (c) tends to break this support therefore, it is possible to see a huge fall
to remove doubts it is possible to look for a sale
Entry: 105
SL:111.5
TP: 85
In the elliot wave pattern it seems that the retracement was completed but it has shown weakness to break the support of 105.5, even creating a Shoulder-head-shoulder, added to that it also failed to create more waves (always reaching 100% of the previous minute) so it is possible that the retracement has not finished yet
Notes:
If so, it could be the following scenario
Wave (a) reaching the limit of 86 and wave (c) tends to break this support therefore, it is possible to see a huge fall
to remove doubts it is possible to look for a sale
Entry: 105
SL:111.5
TP: 85
