Condizioni di trading
Strumenti
We have seen the expected corrective decline to the S/H/S neckline at 179. Actually the correction slightly broke the neckline and dipped to a low of 165 before tuning higher again. Even though the neckline was broken temporary this doesn't invalidate the bottom-formation. Only a break below the right should bottom at 123 would have invalidated the formation and instead indicated a failed formation.
As no failure has been seen, we continue to look for a rally towards the S/H/S objective at 324 and the possible extension target at 415.
Support is now seen at 123
Trading recommendation:
Buy Litecoin near 179 or upon a break above 204 and place your stop at 155.
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.