Recognizing the pattern in chart could led to massive returns. LTCUSD has been forming a descending triangle since forming a top on 12.12. Yesterday it touched resistance level at $100, which was the same as 4 days ago. Double bottom could lead to trend reversal, but even stronger indicator would be, break from descending triangle. Look for this break that could happen in next hours or look to stop loss – if we don’t get the break, LTC is going to test lower support once again.
Trade active:
We have a clean break...$208 next target. SL $136.
Trade active:
Still active trade - 208$ coming soon. Check LTCBTC what a nice pop.
Trade closed: stop reached:
Close, take profit 50%, the rest follow the trend. next target $225.