LTC can drop to $88.6 and then up or straight up

LTC is forming the handle of a large cup and handle pattern. The RSI indicates the possibility of a drop, this drop will make the price touch the idealized curve of the handle.
There is also no reason why the RSI cannot break over the orange resistance line right now and the price shoot straight up.

Both cases are bullish, but if it drops, it's an opportunity to buy the dip.

Trade chiuso: obiettivo raggiunto:

wick to $88.96