LTC is showing a breakout on the Daily
מעודכן
It seems clear to me that LTC/USD has broke out of a symmetric triangle. My TA concludes that the price of LTC could reach around the 300 USD. I would sell around 270-280 USD just to make sure i don't miss my chance by waiting to long.
A good possibility that the breakout will bounce of the supportline of the symmetric triangle. From there i expect to go straight up.
Off course also keep in mind the cup and handle pattern thats coming into play in on the BTC/USD chart. Which will also playout on the LTC/USD chart.
Good luck with investing and let me know if you appreciate this analysis.
A good possibility that the breakout will bounce of the supportline of the symmetric triangle. From there i expect to go straight up.
Off course also keep in mind the cup and handle pattern thats coming into play in on the BTC/USD chart. Which will also playout on the LTC/USD chart.
Good luck with investing and let me know if you appreciate this analysis.
הערה
Breakout confirmed. Volume is strong. Ready to go to the 300 USD zone....הערה
Taking profit arround 280USD would be wiser and also reduces the risk
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