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ferulianov
Dec 8, 2022 12:10 PM

LTCUSDT 4H Long

Litecoin / TetherUSBinance

Description

LTC formed a perfect accumulation triangle and, breaking the upper edge of this one which is at 76.95, LTCUSDT explodes upwards, seeking 85.05. Before you have to go through the resistances of 77.8 / 79.57.
RSI flat on the chart, indicating oversold and reinforcing the upside triangle breakout.
In case there is a reversal of this trend, I would look for its supports at 75.10 / 74.01 / 72.75.
Suports: 75.10 / 74.01 / 72.75.
Resistances: 77.8 / 79.57.
Comments
InvestMate
I'm waiting for the next upward wave on Litecoin
SwallowPremium
Great job! Let’s have a great trading session, thank you!
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