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Abulkury
May 6, 2020 10:29 PM

Triangle on 1hr chart 

Litecoin / EuroCoinbase

Description

Just sharing with you this triangle in the 1hr chart. The tip of triangle is on Friday 8th of May as shown on the chart. Let’s watch whether it is going to be bullish or bearish breakout. I won’t give price analysis for now, just sharing this triangle if you haven’t seen it.
In previous post, I share the MACD crossover the signal on 1W chart. This is usually strong bullish, HOWEVER, if we don’t get volume, it can turn out to be false crossover. We need to watch it.
Share your comments and thoughts.
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