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robkarels

LTC double cup and handle

Long
Litecoin / TetherUS (BINANCE:LTCUSDT)  
robkarels  
BINANCE:LTCUSDT   Litecoin / TetherUS
Trend Analysis Chart Patterns Technical Indicators
1
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trendanalysis chartpattern indicator
The litecoin chart shows two technical cup and handle patterns on the 12H/8H chart. Both breakout targets are mentioned on the chart. Furthermore, these two targets line up with the 0.5 and 0.618 Fibonacci retracement targets, meaning that these levels will serve as strong resistance.
NFA.
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