Ravich000

LTC Breakout

Long
COINBASE:LTCUSD   Litecoin
LTC broke out of this Bull Flag it painted recently and is holding above critical support in $250 range. The breakout and support could get tested once more time but I believe it will make another run soon. Risk of Bearish Divergence developing on 4h but this wave up in crypto market only just stated so I hope we can invalidate that in time. BTC encountered resistance at 55.5k but I would think that we are at least re-testing 60k range before any reversal could occur.
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