On the left it looks like we have made a bullish which has a target around the yellow circle. We are still at a cross point it seems because we just made a small squeeze up but no follow through so far so things can easily fail. For Litecoin it is quite easy at the moment, if it is able to stay above that green support on the right chart, we could see an attempt to break that previous high, which is also around the resistance of the wedge. So the setup is there, but it will be up to the bulls to show confidence or fear.
Previous analysis:

Previous analysis:

Note
This is quite the buying now of course :), target reached in one sweep. Now their is obviously more potential here, but i think everyone has learned in 2018 greed can bite you in the ass. It's okay to let some run, but target is a target, so at least need to take some profit.If Bitcoin doesn't loose to much ground, we could see a bull flag form to fuel up for another wave up.
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.