LTCUSD - A Quick One
A very shallow observation, but potentially still profitable.
A bull flag appears to be forming on the hourly chart. The breakout could occur either around 6-9PM BST this evening, or if it decides to reside towards the lower range for longer, tomorrow throughout the day. If it loses the flag formation, however, it’s likely to range below the trend line until it has enough pulling power to boost itself up into the next upper echelons of $46.
A bull flag appears to be forming on the hourly chart. The breakout could occur either around 6-9PM BST this evening, or if it decides to reside towards the lower range for longer, tomorrow throughout the day. If it loses the flag formation, however, it’s likely to range below the trend line until it has enough pulling power to boost itself up into the next upper echelons of $46.
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