LTCUSDT about to breakout ?
A triangle was forming since a few days. If breakout is confirmed it can go up to 203 (AB=CD + 1.24 fibo level).
With also some intermediate targets at the fibo levels.
From AT perspective, RSI is forming a higher low, MACD maybe about to cross 0 and ichimoku lagging span crossed the price, maybe first indication of a potential uptrend.
With also some intermediate targets at the fibo levels.
From AT perspective, RSI is forming a higher low, MACD maybe about to cross 0 and ichimoku lagging span crossed the price, maybe first indication of a potential uptrend.
Note
Just a reminder: if you want a safe trade only buy if the breakout is confirmed ;)Trade closed: stop reached
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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.