We break the falling wedge with a bullish flag. The support of the huge descending triangle will be tested soon, but I don't think we will fail the triangle breakout as we are at the beginning of a bullish market move.
Aroon confirms that move as we can see the red line above the green line.
We have a potential increase of 50%, LTCUSD should go at the $175 support within the next few days.
The double bottom is confirmed, I don't see any bearish flag, the last bull trap was probably a correction to go above the lower Fibonacci support on the day-chart.
Have a good time guys !
Aroon confirms that move as we can see the red line above the green line.
We have a potential increase of 50%, LTCUSD should go at the $175 support within the next few days.
The double bottom is confirmed, I don't see any bearish flag, the last bull trap was probably a correction to go above the lower Fibonacci support on the day-chart.
Have a good time guys !