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Pulkanatir
Apr 27, 2022 6:30 PM

Falling Wedge in Litecoin! Long

Litecoin / DollarBitfinex

Description

Hey Traders,

As you can see on the Daily Chart of Litecoin (LTC). Price action has formed a falling wedge which will breakout at the end of the month. The target for this is the .618 level which is about $119. Additionally, the RSI oscillator has indicated we have a weak Bullish Divergence. To also go with the $119 target is the orange basis weekly Bollinger Band resistance.

Safe trading,

-Pulkanator
Comments
eddawwww
It’s also within a much larger falling wedge in a giant falling wedge in a epically huge falling wedge on the btc chart will be very interesting
Pulkanatir
@eddawwww, Show me, I don't see what you are talking about
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