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AlanSantana
Jul 11, 2020 8:42 AM

Litecoin (LTC) Falling Wedge + Long-Term Targets (100%) Long

Litecoin / BitcoinBinance

Description

Litecoin (LTCBTC) recently broke a falling wedge on the weekly timeframe, making this pattern much stronger.

Prices still remain trading below EMA10, but we can see the MACD and RSI starting to curve.
At the same time, many of the Altcoins vs Bitcoin (ALTSBTC) pairs continue to grow.

On the chart, you can find the Fib. targets and up to 100% of potential profits... Zoom out for more.

Conditions for change
If prices move and close below 0.004400, the above pattern becomes invalid and a new analysis is needed.

Thanks a lot for your continued support.

Namaste.
Comments
AMPAREITOR
Very interested in this chart LTC vs BTC. Thank you alanmasters
AlanSantana
@AMPAREITOR, It is my pleasure.

Thanks for your time and comment.

Namaste. 😊🙏🏼
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