Art_of_Trading

LITECOIN (LTC) Bat Pattern & Structure

BITFINEX:LTCUSD   Litecoin
The Litecoin priced was dropped significantly last few days, The next structure low is at 108 that acts as support. If the price continues going down at that point, it will create a buying opportunity. The price respected that level twice and it is more likely it will do again. Moreover, there is a potential bat pattern formation, which increases the probability of this setup.
T1 – 38.2%
T2 – 61.8%
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