Litecoin has formed a big symmetrical triangle, it is likely to break out to the upside A descending broadening wedge is also present, a bullish pattern
What is this W-pattern you are talking about? Is that a bearish or a bullish pattern?
I am feeling bullish on LTC at the moment, this is how I broke it down:
Bixley
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@Trading-Guru, The W formed between the recent downtrend and possible pathing that i have placed. Its a very long term bullish pattern i believe, im not too sure though.
Trading-Guru
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@Bixley, Okay thanks for sharing :). Let's see how it plays out
I am feeling bullish on LTC at the moment, this is how I broke it down: