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Acemoisan
Feb 14, 2019 10:44 PM

BEARISH TRIANGLE (Read Description)  

Litecoin / TetherUSBinance

Description

Based on the look of this triangle that's forming, it's not quite distinguished yet but it could be a symmetrical, or descending triangle, both showing bullish. Gonna be watching PA very closely, because the support line happens to be right on the 50 SMA so that could offer some support.
And I have alerts set on trendlines.

Comment

Broke upwards. Held at 50 SMA.
Comments
Acemoisan
So that 50 SMA ended up being decent enough support, the symmetrical triangle broke upwards. And should continue on for the next day :)
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