Ltcsd
Update on LTC mirror chartA little bit ago i posted my predictions/ Mirror chart for Litecoin and have let some candles catch up to see how it was playing out. I noticed that we are actually almost perfectly following the mirrored candles but not at the same price levels we are actually following the pattern above previous price action. So if we continue to see this play out our huge move up should be even bigger than expected! i believe when we start seeing that run up we are going to fly past 250 resistance and continue upwards creating more support and higher highs. Our Macd is looking super bullish and seems to be lining up with our next big move perfectly. Also ichimoku cloud is printing higher support and moving up aswell as our EMA ribbons looking to push back upwards! Not financial advice just my opinion
LTC UPDATE: NEUTRAL CONSOLIDATIONAfter hitting the $77.00 target LTC is struggling to get above. It seems price is printing a symmetrical triangle/ pendant formation just under resistance and over support. Last night there was a measure move off the rising wedge and failed to break to lower targets. Currently we should expect a break to the upside of this triangle due to the bullish divergence on the 15 minute chart and falling channel leading to the apex. Remember nothing is set in stone and possible break down targets reach $72.00. The upper target is just under $80.
Let me know what you think!
What chart would you like to take a look at?