LITECOIN: Bullish Triangle Already Completed?!
Updated
LTCUSD broke above 70, which could be a signal that triangle is finally completed and that bulls are confirmed. We can clearly see A-B-C-D-E formation and broken upper triangle line, so we assume that Litecoin could see new all-time highs towards wave C, where we see our first minimum target and also nice psychological level 117; maybe even higher for a second target A=C at psychological level 149! If Litecoin from any reason drops below 55, then there will be something more complex and could stay sideways for a while.Comment
Litecoin nicely moving to the upside! Any bounce will be just short-term correction within uptrend towards new all-time highs!Comment
Litecoin is UP 35% in 10days! Nice, isn't it?! :-) And still more room for higher levels, so we may see 100 very soon!Comment
Here we are! Litecoin above 100, nicely approaching our projected targets, so there still room for our first target @ 117!Comment
Sharp decline on Litecoin, but we still think it's a part of correction within uptrend, so Litecoin remains bullish.Comment
As we expected! Litecoin is still bullish but be aware around 117 level! If breaks above that level, then we could see much higher levels towards 149, but if drops from that resistance, then top could be in place!
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