The charts appear to be identical, BUT....
The TOP is LTC in 2017 just before it launched to 420.
The BOTTOM chart is 2020. If price respects the 50 MA, Litecoin should MOON!
Happy New Years Eve!
The TOP is LTC in 2017 just before it launched to 420.
The BOTTOM chart is 2020. If price respects the 50 MA, Litecoin should MOON!
Happy New Years Eve!
Note
A symmetrical wedge has been established on the 4h chart, and a breakout of the wedge will occur within the next 48 hours. Price action currently faces strong resistance at the top of the symmetrical wedge at (133) with a lower resistance (124). Price continues to CLOSE above the 50 MA on the 4h chart, which continues to support a bullish continuation. If the MACD crosses, we could also see a break through this selling pressure.Trade active
Symmetrical wedge broken to the upside. Current price 141.5 ... possible minor retrace at 145Trade closed: target reached
Note
This rocket ran out of fuel mid flight :)
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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.