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UnknownUnicorn10818982

Litecoin - Bullish Ascending Triangle Forming

Long
Litecoin (COINBASE:LTCUSD)  
UnknownUnicorn10818982  
COINBASE:LTCUSD   Litecoin
Trend Analysis Chart Patterns Technical Indicators Litecoin (Cryptocurrency) LTC moon Ascending Triangle
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trendanalysis chartpattern indicator litecoin ltc moon ascendingtriangle
LTCUSD Provided trading follows trend, Litecoin should form a bullish Ascending Triangle, or Pennant. See my other chart for the Bullish Pennant. Both scenarios are bullish and price action for Litecoin should yield positive gains in the long term. A break to the upside expected once it nears end of triangle/pennant.

  • Possible buying opps labeled on chart per Fib retracement levels.
  • Red line is 20 MA for possible pullback/support.
  • Target Price: $232

Comment your thoughts or speculation. Thanks! LTCUSD
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