Get started
Pulkanatir

Falling Wedge in Litecoin!

Long
Litecoin (BITFINEX:LTCUSD)  
Pulkanatir  
BITFINEX:LTCUSD   Litecoin
Trend Analysis Chart Patterns Wedge Litecoin (Cryptocurrency) LTC LTCUSD LTCUSDT Falling Wedge weakbulls Bullish Divergence 618 Fibonacci Retracement bollingerbandstrategy
2
2
trendanalysis chartpattern wedgepattern litecoin ltc ltcusd ltcusdt fallingwedge weakbulls bullishdivergence 618fibonacciretracement bollingerbandstrategy
Hey Traders,

As you can see on the Daily Chart of Litecoin (LTC). Price action has formed a falling wedge which will breakout at the end of the month. The target for this is the .618 level which is about $119. Additionally, the RSI oscillator has indicated we have a weak Bullish Divergence. To also go with the $119 target is the orange basis weekly Bollinger Band resistance.

Safe trading,

-Pulkanator
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.