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ozzy_livin

LITECOIN about to MOON on New Years Eve!

Long
Litecoin (COINBASE:LTCUSD)  
ozzy_livin Updated   
COINBASE:LTCUSD   Litecoin
Trend Analysis Chart Patterns Beyond Technical Analysis LTC LTCUSD moon
22
40
trendanalysis chartpattern beyondta ltc ltcusd moon
The charts appear to be identical, BUT....

The TOP is LTC in 2017 just before it launched to 420.

The BOTTOM chart is 2020. If price respects the 50 MA, Litecoin should MOON!

Happy New Years Eve!
Comment:
A symmetrical wedge has been established on the 4h chart, and a breakout of the wedge will occur within the next 48 hours. Price action currently faces strong resistance at the top of the symmetrical wedge at (133) with a lower resistance (124). Price continues to CLOSE above the 50 MA on the 4h chart, which continues to support a bullish continuation. If the MACD crosses, we could also see a break through this selling pressure.

snapshot
Trade active:
Symmetrical wedge broken to the upside. Current price 141.5 ... possible minor retrace at 145
Trade closed: target reached
Comment:
This rocket ran out of fuel mid flight :)
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