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CrypticTrading

LTC Triangle watch. Potential $120 on deck by EOW

Long
Litecoin (COINBASE:LTCUSD)  
CrypticTrading Updated   
COINBASE:LTCUSD   Litecoin
Chart Patterns Trend Analysis
10
7
chartpattern trendanalysis
Tracking structure. Need to stay in triangle and get support here to bounce up. Target measured by triangle height.
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We have a partial break in structure, need to hold yellow supports or we test the blue support and risk going lower.
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showing good strength to regain the support in the triangle!
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Right now we are retesting the support. So far it has held but we need this to continue to not trace down to approx $90.
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support broke. In crypto this can be a common occurrence in the past that can lead to a major breakout above so keep your eyes peeled. I will be personally accumulating.
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$71 support touched from breakout back in February. Right now LTC has not broken its short term downtrend show by the red resistance from the drop. Looking like we could see a double bottom back to the $71 area in the short term. THIS NEEDS TO HOLD! If it does not our last support is around $68.
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5 min zoom in look
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just bought the dip at $75.60 my target from breakdown below. looking for a strong rebound here overnight. Double bottom at $71 still on the table but I'd like to sleep tonight and longterm still feel this is bullish.
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LTC Likely just hit bottom
I have just posted a longer term chart depicting LTC. If you are interested, please take a look!
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