jmac9966

LTC Symmetrical Triangle Measured Move Plays

COINBASE:LTCUSD   Litecoin / U.S. Dollar
Not financial advice all moves measured based on previous support and resistance . Good luck tradinggggg feel free to leave any comments.
Comment: Look for bull break of triangle to test previous resistance at $183.27

Look for bear break of triangle to test previous support levels at $163.77

If no support found at $163.77 I am looking to add at $152-155 in the golden ratio fibonacci level from bull run up from $107

All moves are measured moves based on previous supports and resistances. LTC has consistently repeated this over and over again. Price swings of around $11.

The golden pocket level at $152-155 was achieved by measuring the flagpole of the ascending triangle from the drop of $209 to $158. If bears remain in control and no support found at $163 by bulls then I expect price drops to the golden pocket.
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