ANALYSIS 🔎 - LTCUSDT brokeout above the symmetrical triangle's inclined resistance as expected from my previous analysis. - The market is currently undergoing retracement. - Price is retesting the symmetrical triangle's inclined resistance, fibonacci retracement levels, flip horizontal support and projected ascending channel support. Omo confluence choke 😂. - A bullish pin bar (hammer) was formed at the retest area. - The retracement is resisted by the descending trendline resistance. - Confirmed bounce off the retest area could be seen as a bullish signal.
BUY ENTRY ⬆️ - Breakout above the descending trendline resistance.