PrimeXBT

LTCUSD- THE BREAKOUT

Long
COINBASE:LTCUSD   Litecoin
More and more breakout on the top 10 coins on the coinmarketcap.
Yet another ascending triangle chart pattern spotted on the 4hours time frame, indicating a price reversal back to the upside.
A likely test of $80 should be expected as the breakout from the resistance is currently in play.
As explained below( when analysing XRPBTC): The price needs to close right above the horizontal resistance which is major levels that has been holding price down for some time.
The important levels to look out for are as follows:
Breakout: $74
Resistance 1- $75.40
Resistance 2- $77.57
Resistance 3- $80.63
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.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.