Bullish pennant pattern forming in the 30 minutes chart. If pattern succeeds I would say price would probably fluctuate around $4150-$4200 and break out eventually. Hard to say how far it could reach but I would say in the 4300-4350 range. Let me know what you guys think?
In day chart it shows a three bar pullback pattern which suggest it continue the bullish trend. Buy above today's bar if we have a bullish bar today. Stop can be put below the low of the last bearish bar.
LTCUSD remains in short term bullish trend in the 4hrs chart(red line). The black line show strong support level around 47.65 level which is also the support of the short term green trend line. Bollinger band begins to show squeeze signal which means a low volatility level, possibly stays at 47-48 for a couple days and a continual pattern will be formed like the...