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Using lines we can see that Litecoin is aiming a breakout of the symmetric triangle. We can see new levels soon. Indicators are bullish and Hash ribbons signalized bull run. Last bull run we had an ascending triangle actually. This one LTC comes with symmetric.
TA factors:
1- Symmetric triangle is a continuation pattern;
2- Hash ribbons signalized bull run;
3- MACD showing continuation;
4- RSI aiming breakout
5- Bitcoin broke the symmetric triangle upwards.
Using lines we can see that Litecoin is aiming a breakout of the symmetric triangle. We can see new levels soon. Indicators are bullish and Hash ribbons signalized bull run. Last bull run we had an ascending triangle actually. This one LTC comes with symmetric.
TA factors:
1- Symmetric triangle is a continuation pattern;
2- Hash ribbons signalized bull run;
3- MACD showing continuation;
4- RSI aiming breakout
5- Bitcoin broke the symmetric triangle upwards.