Flag after flag after flag. LTC touched down on the long term support line while rallying above uppermost resistance line with a good 2 hour close on strong volume. Very strong patterns here.
BBands very tight, 2 hour MACD flirting with a bullish reversal, OBV showing bullish divergence.
A measured move off this flag would take us around 400 area (ballpark estimate) before another period of consolidation likely occurs.
Failure on this current move would be a 2 hour close below uppermost support line around about 300 Poloniex.
Not financial advice.
BBands very tight, 2 hour MACD flirting with a bullish reversal, OBV showing bullish divergence.
A measured move off this flag would take us around 400 area (ballpark estimate) before another period of consolidation likely occurs.
Failure on this current move would be a 2 hour close below uppermost support line around about 300 Poloniex.
Not financial advice.