LitecoinLong
LTCUSD Ascending Triangle
- Recent clean 61.8 fib retracement indicates current market is in impulsive phase
- Consistent equal highs but progressively higher lows could indicate ascending triangle formation
- Anticipating corrective move to form new higher low (buy point), followed by break and retest (buy point 2), before clean push towards fib extension based target of $297
- Consistent equal highs but progressively higher lows could indicate ascending triangle formation
- Anticipating corrective move to form new higher low (buy point), followed by break and retest (buy point 2), before clean push towards fib extension based target of $297
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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.