Hey Traders,
As you can see on the Daily Chart of Litecoin (LTC). Price action has formed a falling wedge which will breakout at the end of the month. The target for this is the .618 level which is about $119. Additionally, the RSI oscillator has indicated we have a weak Bullish Divergence. To also go with the $119 target is the orange basis weekly Bollinger Band resistance.
Safe trading,
-Pulkanator
As you can see on the Daily Chart of Litecoin (LTC). Price action has formed a falling wedge which will breakout at the end of the month. The target for this is the .618 level which is about $119. Additionally, the RSI oscillator has indicated we have a weak Bullish Divergence. To also go with the $119 target is the orange basis weekly Bollinger Band resistance.
Safe trading,
-Pulkanator
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.