Symmetrical triangle formed
Depending on what side the price breaks (With good voolume), the price targets are pointed in the chart.
Considering that we haven't seen a big upside move for LTC yet, the hope is that the triangle will be break to the upside
The only bear case is that the MACD is still bearish on this chart
Considering that we haven't seen a big upside move for LTC yet, the hope is that the triangle will be break to the upside
The only bear case is that the MACD is still bearish on this chart
Trade closed: target reached
We reached the target 1 and currently meeting some pullback
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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.