Bixley

Some more litecoin

Long
BINANCE:LTCBTC   Litecoin / Bitcoin
As you can see LTCUSD pair has formed an inverted ascending scallop formation against the resistance of the fibonacci spiral, broken out, formed a falling wedge and attempted to break out again. I believe this is the pullback before a larger rise, hence the C target. On the LTCBTC pair you can see the TopCap indicator showing the value of the pair at its peak, which increases as each day passes.
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.