AzrulAzir

LTCUSD - wait for break

Long
COINBASE:LTCUSD   Litecoin / U.S. Dollar
LTCUSD , waiting for breakAlmost all alt coin wait for a big moment to break, including LTC.
This coin keep performing lower high, and this is very bad for bullish .
but,, this coin also performing higher low, and its also bad for bearish .

this price action perform new symetrical triangle pattern .

what should we do?

bullish side :
if triangle resistance break up, we have target at previous high around 238

bearish side :
previous higer low become our support level at 171,
if this level break down, next support at 163 as triangle support,
and if this level breakdown too,
bearish next target at 127

good luck,
dont forget to supportme with press the "like" button.

Comments

Look at btc/ltc. Are the bears exhausted?
+1 Reply
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