LTC with a breakout
Updated
LTCUSD breakout on the way. Daily chart is looking good, LTC broke out of symmetrical triangle which normally forms powerful move.
The price target for a breakout or breakdown from a symmetrical triangle is equal to the distance from the high and low of the earliest part of the pattern applied to the breakout price point. My first targets are market on chart.
The price target for a breakout or breakdown from a symmetrical triangle is equal to the distance from the high and low of the earliest part of the pattern applied to the breakout price point. My first targets are market on chart.
Comment
As projected, LTC is flying. Watch out for ressistance levels to cash out.
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.