GBBBKSA

Litecoin short-term to $152? Descending triangle formed

GBBBKSA Mis à jour   
BITFINEX:LTCUSD   Litecoin
Litecoin seems to have formed a descending triangle on the hourly chart. However, prices haven't broken the 0.5 fib yet.

If this level is broken, we can see the price dropping to around $152. Next support is at $146. MACD is looking bearish too.

However, a positive development in BTC can reverse this. I am neutral on BTC at the moment.

Just an idea. Please do not trade on this. DYOR.
Trade fermée: cible de profit atteinte:
We have reached $152. If this doesn't hold we can drop to $146.

Just an idea. Please do not trade on this. DYOR.

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.