PrimeXBT
Long

LTCUSD- THE BREAKOUT

COINBASE:LTCUSD   Litecoin / U.S. Dollar
More and more breakout on the top 10 coins on the coinmarketcap.
Yet another ascending triangle chart pattern spotted on the 4hours time frame, indicating a price reversal back to the upside.
A likely test of $80 should be expected as the breakout from the resistance is currently in play.
As explained below( when analysing XRPBTC ):
The price needs to close right above the horizontal resistance which is major levels that has been holding price down for some time.
The important levels to look out for are as follows:
Breakout: $74
Resistance 1- $75.40
Resistance 2- $77.57
Resistance 3- $80.63
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Ideas published should not be referred to as an investment advice.
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