LitecoinLong
LTCUSD Bullish Symmetrical Triangle
Litecoin has been sort of sluggish while other alt coins started to sprint.
I think it has been in its corrective phase where the price had been converging, showing a triangle figure.
Similar to Ethereum, the low points are getting higher and the high points are getting lower forming a symmetrical triangle.
Moreover, the RSI is being strongly supported by a firm support line which is also a positive signal.
As long as both Ethereum and Litecoin pierce the hard resistance right above, this looks pretty bullish to me.
I think it has been in its corrective phase where the price had been converging, showing a triangle figure.
Similar to Ethereum, the low points are getting higher and the high points are getting lower forming a symmetrical triangle.
Moreover, the RSI is being strongly supported by a firm support line which is also a positive signal.
As long as both Ethereum and Litecoin pierce the hard resistance right above, this looks pretty bullish to me.
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Youtube: bit.ly/Tommy_TV
Telegram: bit.ly/Tommy_Main
트레이딩 MBTI 테스트하기: tradingmbti.waveon.io/
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