LTC/USD - Target Hit On Triangle Break
Updated
Very short video highlighting a trend line break and the measured targeting being hit. It made that run to $250 but just didn't quite get there.
I do expect to see a pull back considering this just took off... my guess and that's what it is... maybe back to the $233-$229 area.
I do expect to see a pull back considering this just took off... my guess and that's what it is... maybe back to the $233-$229 area.
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As we can see in the chart, price action over night did continue up and hit just over $250 ($251.91 to be exact); check out my video from yesterday morning tradingview.com/chart/LTCUSD/AvMq0XPJ-LTC-USD-What-s-Next-200-or-250-Opinions/. We saw a pull back to $235.11; $2.11 shy of my $233-$299 range mentioned in last nights video (link below).
My assumption is price will consolidate a bit today before making up it's mind on the directions it wants to take. I'm not adding to current position at the moment, but if we get a dip below $230, I most likely will.
Note
Apologizes... i posted the link to yesterday morning video twice. Here is the chart highlighting the move up to just over $250
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