Litecoin, Develops Decisive Triangle, Upcoming Destinies!

Hi,

Welcome to this analysis about Litecoin, we are looking at the 30-minute timeframe perspective. In recent times Litecoin moved on to test remaining resistances in the upper ranges from where it firstly pulled back to the downside and now is forming this triangle-formation marked with the black boundaries in my chart, in this formation Litecoin has a coherent wave-count with the wave C about to complete in the next times, when this wave C ending manages to bounce in the blue back-up-cluster this will be the origin of a breakout above the upper boundary finalizing the formation and activating further continuation otherwise when this does not happen and Litecoin moves into the bullish-invalidation-range this will invalidate the triangle.

In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
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Information provided is only educational and should not be used to take action in the market.