$541 LTC in January - but a couple IF's
- Cup and handle breakout has failed the first time. (Green trendline)
- Teleportation upon claiming green line (A) as support.
- HTF Resistance (orange) is quite near.
Either a strong candle breaching both important lines, or we consolidate in between for a week or so.
Target is $541 once alt season begins (January 2022).
Note
Successfully retested Cup and Handle neckline as support.Take out orange line and we're good to go parabolic.
Trade closed: stop reached
Orange line rejected pretty good.
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.
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.