nlenihan

LTC Ascending Triangle - BYE!

Short
COINBASE:LTCUSD   Litecoin
LTCUSD is almost at the tip of the ascending triangle that's forming on the 15 min chart. With BTC at ATHs day after day before the fork, I wouldn't be surprised if we break down and test a newer low than yesterday as new money keeps being put in BTC over anything else.

Volume also isn't at the level we need for a huge breakout...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.