PolarHusk

LTC/BTC TA Update (Bigger Triangle Pattern?)

Long
BITTREX:LTCBTC   Litecoin / Bitcoin
LTC/BTC

LTC reached my target zone and the price is trading inside this resistance box. LTC also manages to get above the 50 Day MA that's a good sign for a potential trend reversal.
Now, if LTC can't get above this resistance box in the coming days, it is still not the end for the Bulls as a pullback is required to continue Higher.
The price could back-test the 50 MA to confirm as new support, the RSI is still far from being overbought. LTC still has a ton of work to prove.

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