Falling Triangle in Reversal Setting LTC-USD
Updated
My new bit of learning today has been that a falling triangle can be either bearish or bullish depending on the case. In this instance, I see LTC in reversal, ready to test overhead resistance after breaking out of this triangle.
I have shown the likely path ltc will take before it is squeezed to the upside.
RSI is neutral.
I am bullish on LTC and BTC long term.
This is clearly not advice. This is for my own practice and reference as a hobby trader.
Please dont be shy to critique.
I have shown the likely path ltc will take before it is squeezed to the upside.
RSI is neutral.
I am bullish on LTC and BTC long term.
This is clearly not advice. This is for my own practice and reference as a hobby trader.
Please dont be shy to critique.
Note
break to the upside testing local resistance
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