After hitting the $77.00 target LTC is struggling to get above. It seems price is printing a symmetrical triangle/ pendant formation just under resistance and over support. Last night there was a measure move off the rising wedge and failed to break to lower targets. Currently we should expect a break to the upside of this triangle due to the bullish divergence on the 15 minute chart and falling channel leading to the apex. Remember nothing is set in stone and possible break down targets reach $72.00. The upper target is just under $80.
Let me know what you think!
What chart would you like to take a look at?
Let me know what you think!
What chart would you like to take a look at?
Note
looking for $78
Note
* to break for the $80 targetNote
Getting ready for one last move?
Note
Trade closed: target reached
$80 reached but will we hold $79 and continue up?Note
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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.