beartooth-clark

beartooth-clark Updated 

A falling wedge reversal indicating a bullish signal. Waiting for resistance break at .012 to confirm bullish trend. If so, slight correction to test new support at .0096 - .0098. Looking for volume expansion for strong upward trend. Trade entered at .0094 TP1 at .015 TP2 at .02

beartooth-clark Updated 

Waiting for initial resistance to break near 0.012 to confirm bull. Additional area of resistance may form at 0.014. Price is trading between 0.011 and 0.02. If support breaks below 0.01 a bear might pull LTC back to 0.009 Trade entered at .013 TP1 at 0.02 TP2 at 0.03

beartooth-clark

I think there is a a double top reversal forming if we see price trade below support at .005 area. If not and it breaks the previous high at .0057 a substantial upward trend may occur to .0069 area. Could see a moderate upward trend in the meantime from a descending wedge that formed over the past week. This is my first published idea and am open to suggestions. FCT