LTCUSD bull flag after re-testing curvature of parabolic advance. My estimate is LTCBTC ratio hitting 0.018 by last day of June. This flag is what I believe to be one of the final value-add areas for the LTCUSD pair before the final leg up.
1D: Phaseline break long after doji-candle rejection of 1.52400 horizontal SR & USTL (upward-sloping trendline). Breakout also carried PA (price action) above 1D 50EMA.
Intraday: 4H Phaseline break long as well, with 1H pullback ending in low-test candle rejecting Pivot & .618 Fib.
Entry: After 5Min chart also has Phaseline break at Pivot (or just above)...
LTCUSD currently trading within a Bull Flag technical analysis pattern with likely breakout by 1/25/18.
Expect consolidation / corrective PA until breakout at end of squeeze.
Value buy is anywhere between $160-175.
Likely target is $500 after squeeze & break.
