Litecoin Is Forming Bullish Shark Soon It Will Be Ready For Bullish Move
**Formation of new Shark pattern:** On short term hourly chart the price action of Litecoin is forming bullish harmonic Shark pattern and soon it will be entered in potential reversal zone.
**Buying And Sell Targets:** The buying and sell targets according to harmonic Shark pattern should be: Buy between: $41.14 to $40.69 Sell between: $41.66 to $42.70 **Stop Loss:** The potential reversal zone area which is up to $40.69 can be used as stop loss in case of complete candle sticks closes below this level. **Possible profit and loss ratio:** As per above targets this trade has the profit possibility of **4.93%** and as per above mentioned stop loss, the loss possibility is **1.1%**. **Note**: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
No comments yet