quantguy

Bull Wedge in Litecoin!!

Largo
BITSTAMP:LTCUSD   Litecoin
Litecoin is gettting a lift and we definitely see what appears to be a bull wedge forming with an upper bound at $134. We saw support from $120 earlier and will continue to do so if we face resistance again from $134. The Kovach OBV has flattened, after picking up when Litecoin caught support at $105. Thus it is doubtful this breakout will happen today, and will give bulls more time to accumulate a position. If we are wrong, the min lower bound of LTC seems to be $105, but it is doubtful we will break $120.

Join my discord at discord.io/quantguy
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.