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cryptoguru23

LTC - Possible Triple bottom and Reversal - TP $113

Long
Litecoin (BITFINEX:LTCUSD)  
cryptoguru23 Aggiornato   
BITFINEX:LTCUSD   Litecoin
Chart Patterns LTC Cryptocurrency
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chartpattern ltc cryptocurrency
Disclaimer: This is not a trade advise; this is for educational and informational purpose only. I hold long position in LTC.


LTC is possibly forming a triple bottom which is considered a powerful reversal pattern. If the pattern hold true, and breaks out the resistance, then it could reach $113 in short-mid term.

Please like and/or comment if you agree or disagree with my analysis.

Thanks.
Commento:
LTC is bouncing nicely from the support level with good volume in half a day of trade so far.
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