rcjugg

LTCUSD Ascending Triangle

Long
COINBASE:LTCUSD   Litecoin
- Recent clean 61.8 fib retracement indicates current market is in impulsive phase
- Consistent equal highs but progressively higher lows could indicate ascending triangle formation
- Anticipating corrective move to form new higher low (buy point), followed by break and retest (buy point 2), before clean push towards fib extension based target of $297
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