MrVolcano
Long

LTC heading to 63/64

POLONIEX:LTCUSDT   Litecoin / Tether USD
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
Sorry guys, bad call this time.
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Looks like you were wrong, the current cryptocurrency climate is not bullish. Not with what's going on with China and the percentage of loss we're seen.
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@jbotos, certainly seems that way. We had better buckle up for another potential ride down!
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