Bixley

Litecoin 4H Analysis

Long
BITSTAMP:LTCUSD   Litecoin
Litecoin has presented multiple chart patterns on the 4H chart including a rounded top reversal, a bullish triangle, and currently is sitting within a WIDE broadening wedge. With higher lows present this could lead to a bounce for the coin at the 50MA level. If not a breakdown to 200MA on 4H is expected.
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