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CryptoColugo
Jan 26, 2021 11:09 PM

LTCUSDT - Reversal candle Long

Litecoin / TetherUSBinance

Description

If we take a look at the 12 Hour chart we can see that we probably are forming a bullish reversal candle with a long wick and small body.
The area of the wick aligns with a important demand zone.

On the bigger picture it seems that we are in a triangle formation and the declining resistance line of that triangle will be my target.
Comments
MinerStorm
Agreed!
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