LindellBrown

LTCUSD - A Quick One

Long
COINBASE:LTCUSD   Litecoin / U.S. Dollar
A very shallow observation, but potentially still profitable.

A bull flag appears to be forming on the hourly chart. The breakout could occur either around 6-9PM BST this evening, or if it decides to reside towards the lower range for longer, tomorrow throughout the day. If it loses the flag formation , however, it’s likely to range below the trend line until it has enough pulling power to boost itself up into the next upper echelons of $46.