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nagihatoum

LTC in a symmetrical triangle

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Litecoin (BINANCE:LTCUSD)  
nagihatoum  
BINANCE:LTCUSD   Litecoin
Trend Analysis Chart Patterns Technical Indicators LTCUSD LTC
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trendanalysis chartpattern indicator ltcusd ltc
Biased for a breakdown. Breakdown target of triangle is $49.

My previous ideas were a bit off, but the bearish bias was correct. I never believed it will bounce back over previous support (green dashed line), although it wicked over it several times. Bulls gave it a good try.

Idee correlate

nagihatoum
LTC broke down from triangle, retest failed
nagihatoum
LTC rejected by 200 ma on 1 hr, Bearish harmonic formed
nagihatoum
LTC in a clear descending channel
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