For anyone that bought Litecoin yesterday, it's temporarily stopped for a breather.
An ascending triangle has formed and price should break out above. The measured objective (which is measured at the largest width of the triangles "mouth") shows that price will likely reach around $63-$64. There is a Fib 76% level that could act resistance on the way, but i think we should reach the trendline resistance at $64, where we will wait and see what the market shows us from there.
Good luck!
15m Chart
An ascending triangle has formed and price should break out above. The measured objective (which is measured at the largest width of the triangles "mouth") shows that price will likely reach around $63-$64. There is a Fib 76% level that could act resistance on the way, but i think we should reach the trendline resistance at $64, where we will wait and see what the market shows us from there.
Good luck!
15m Chart