Aleks00000

LTCBTC long on 1h chart

Lång
BINANCE:LTCBTC   Litecoin / Bitcoin
Recently, LTCBTC is getting stronger, which increases the possibility of higher growth.
As can be seen on the 1h chart, a small local triangle (blue and violet lines) is formed. A bullish megaphon pattern (blue lines) was also formed.
The price has repeatedly failed to break down the megaphone pattern, which tells us that there will probably be a break up.
If the LTCBTC breaks the triangle upwards (violet line) it will be a long sign.


For a long wait for the violet line to break through:
TP1-orange resistance line.
TP2-blue resistance line

Disclamer: This is not financial advice.
You trade at your own risk.
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