$LTC breaking out a descending triangle
Possible scenario where LTC could breakout a descending triangle. It stayed on the support line so far, both in the Daily and the 4h time the RSI supports the idea.
if it breaks up we can see #LTC reaching again the resistance of the bigger triangle at $102, and possibly break that to finally reach the ATH, First goal $120-$125.
if it breaks up we can see #LTC reaching again the resistance of the bigger triangle at $102, and possibly break that to finally reach the ATH, First goal $120-$125.
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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.