After breaking out from the falling wedge, price is gradually consolidating when moved to the lower time frame.
On the 30min time frame, the price chart of LTCBTC has been spotted forming a bullish continuation chart pattern called the bullish flag pattern.
The continuation chart pattern is yet to breakout as this will confirm the validity of the pattern.
With the measured height of the pole, the following levels of below are what to keep an eye on:
Breakout: 0.007412sats
Resistance 1: 0.007434sats
Resistance 2: 0.007494sats
Resistance 3: 0.007574sats
Note: This pattern will be invalid, if price fails to breakout from the bull flag.
Good luck to everyone! Click the follow button to stay tuned for more trading ideas! Like the idea? Hit the like button!
Ideas published should not be referred to as an investment advice.
On the 30min time frame, the price chart of LTCBTC has been spotted forming a bullish continuation chart pattern called the bullish flag pattern.
The continuation chart pattern is yet to breakout as this will confirm the validity of the pattern.
With the measured height of the pole, the following levels of below are what to keep an eye on:
Breakout: 0.007412sats
Resistance 1: 0.007434sats
Resistance 2: 0.007494sats
Resistance 3: 0.007574sats
Note: This pattern will be invalid, if price fails to breakout from the bull flag.
Good luck to everyone! Click the follow button to stay tuned for more trading ideas! Like the idea? Hit the like button!
Ideas published should not be referred to as an investment advice.