SolidPosition

LTC breaking out the tunnel, potential upside 70% 460USD NEXT!

Long
SolidPosition Updated   
BINANCE:LTCUSDT   Litecoin / TetherUS
Seems like LTC is breaking out from the downward tunnel. After breaking the minor resistance ahead there are couple of resistance lines holding it. As the alt season is starting it seems prominent that LTC could break both those resistance lines to test new ATH at 460USD. This is based on the earlier waves. All it requires the volume to kick in and we can go up fast.


Just an idea. Not financial advice.
Trade active:
This action is getting confirmed. Would expect upwards run to at least ATH numbers.
Comment:
Going as expected. Now the resistance areas are cleared and we are on the way to 460USD.
Comment:
Joyful to watch how the chart is drawing almost exactly as predicted. We are hitting the target next. With the Altseason heating up would expect LTC to go further from the target within some timeframe but the target is good place to take profit especially if using leverage.
Comment:
It's nice when the chart goes as drafted. The resistance was just in accurate place and we went up from that as predicted. The pump was in the end a little less than predicted due to weak BTC. That's why one should always stay alerted and ready to act as btc moves.
Trade closed: target reached

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