atomantic

New Ceiling or Breaking Out? 1am PST will tell for sure $LTC

Long
atomantic Updated   
COINBASE:LTCUSD   Litecoin
I'm still long on $LTC but I'm looking at this new ceiling and it's a strong force to be reckoned with. Let's see if it breaks overnight. This upward triangle could be a move into a new era or it could be the corrective bounce back after the hype. If we last > $40 for the next 2 days, this is it, we are in new territory. But if we follow this ceiling, we are heading for the floor before bouncing up again.
Comment:
Failed to break upward of the corner, but still fell to an upward trend line--$LTC is full of indecision and contention


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.