This ascending triangle appears to be a real humdinger. The green lines represent the baseline and upper limit of the monthly bollinger band and the bottom edge isn't included because of how it distorts the chart. Between 2016 and 2017 shows what an advantageous interaction between price and the monthly bollinger band would look like and I don't see that...
LTC/USD WEEKLY CHART:
Hello my fellow traders, please support me with your likes, comments shoot me a follow and share this important chart with your friends. I would appreciate your ideas and views on this update. We’re here to make mistakes and learn from them together and eventually make massive profits. Join me in this Journey 2020.
Alright coming back to...
according to my analysis ltc/usdt will go down because it is retesting trendline break , making double top with divergence or M pattern just wait for a good bearish candle and take a short position or exit from a long position.
please like this post and share with your friends .
FOLLOW ME FOR FUTURE ANALYSIS ON OTHER PAIRS :)
"HAPPY TRADING"
disclaimer : I...
Perfectly formed potential H&S on the 4h timeframe Litecoin/dollar chart.
As well as price being on a massive daily support, this is a lovely setup.
Break above 123.00 will confirm the bullish outlook.
Break below 114.00 will make the trade setup invalid.
