LitecoinLong
LTC
LTC had a breakout at major resistance from its adam and eve pattern. It came back to retest that major level after the breakout and had a great bounce. It is also maintaining its long term uptrend. After an adam and eve breakout, the declining volume from the breakout generally indicates a good post breakout performance to come. Using fib extensions, I've listed targets for LTC when we break ATH. In the short term, we are hitting resistance and may just chop around sideways before moving higher.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.