befunkt

Impatient LTC Gives BTC the Finger, Rebels

Long
COINBASE:LTCUSD   Litecoin
LTC is continuing to gain independence with its positive uptrend positioning, meanwhile ETH, XRP, XMR, etc obediently wait for big daddy BTC to get off the couch.

This is not a definite triangle breakout yet. Wait for the 4h candle close coming in 90 mins, and a bigger volume spike would help, too.

I'm still seeing $308 as being possible in the next few months based on slightly longer-term chart indicators, like the huge bull flag starting at the breakout of the previous downtrend, when combined with this vague consolidation triangle.

Go LTC, you trendy mofo!

Cheers!
-B

**This is not advice to trade. You do not want my advice. This disclaimer isn't even advice.
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.