Line_Tech

LTCUSD ASCENDING TRIANGLE PATTERN ANALYSIS

Long
BITFINEX:LTCUSD   Litecoin
TODAY WE ARE LOOKING AT LITECOIN WHICH HAS SOMEWHAT BEEN CONSOLIDATING/RANGING OUR SUPPORT LEVEL IS AT $112 WHICH HAS BEEN HOLDING SUPERBLY , NOW WE HAVE IDENTIFIED AN ASCENDING TRIANGLE . WE EXPECT PRICE TO PUSH UP AND BREAKOUT OF THE TRIANGLE TO OUR MAIN DESCENDING TREND LINE WHICH IS AT $115 AND CONTINUE THE OVERALL BEARISH TREND .LTCUSD

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