Litecoin in Ascending Triangle pointing up to $44

2019년 1월 5일

As you can see LTC has been trading within an ascending triangle. This should break above, rather than below. Targets indicated on the chart.

2019년 1월 5일

노트

LTC may be moving above the upper line of the triangle, at the moment trading above 35,3$, BUT BTC hasn't moved yet, so, we know that Bitcoin dictates major moves, and until it breaks out of its triangle this should be observed only.

2019년 1월 6일

노트

This move is confirmed. Targets between $42 and $44.

2019년 1월 6일

노트

LTC/BTC went straight up to the previous resistance up to a Satoshi basically.

If we take this resistance into consideration and add expected move up to $44 area, this suggests that BTC now needs to move up in order to push LTC up to its target.

Bullish signs, although caution advised.

2019년 1월 6일

노트

Just like we mentioned today, BTC had to move up to allow LTC to continue its rise. BTC at 4200 right now, LTC $41. Target in sight.

2019년 1월 10일

노트

that was close.