lkewis

lkewis

Could the break out from this Pennant provide uptrend continuation to take us to All Time High above $6000? Looking for a top end run to $6700 / 5600 EUR or a correction back down to test previous resistance level for new support at $4838 / 4091 EUR.

lkewis Updated 

Watching for a breakout from a Symmetrical Triangle Pattern on the hourly chart, could indicate price movement direction. TD Sequential shows the end of a 1-4 bearish pullback on the 4H chart indicating a buy opportunity, although the daily chart signifies day 2 of bearish downtrend after a recent bearish 9 count. Upper target is above $120 and lower target is $72.

lkewis

Hourly chart for LTCEUR showed a continuation of bullish uptrend reaching the price target matching flag pole height. Green dashed line shows buy in entry after confirmed breakout from triangle. Acts as confirmation for breakout from inverse head and shoulders on LTCBTC daily price chart.