Litecoin
Long

Possible ascending triangle

171
Possible ascending triangle forming with RSI and MACD show possible bullish movement in hourly and daily chart.
I would'n put it in the chart (it is so much visual noise), but if you check Ichimoku and Bollinger also suggest possible bullish movement.

BUY: 58.5
TARGET: 72
STOP: 51.85

Please note that I consider BTC to be acting like a magnet for most cryptos, specially if it makes a big move.
If BTC breaks, 4300, it most likely will affect LTC as well.

Best regards,

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.