miggles37

LTC Possible breakout coming

miggles37 Diupdate   
BINANCE:LTCBTC   Litecoin / Bitcoin
Quick look at 4h chart

-Looks like volume is stable and slowly consolidating

-Possible inverse HS awaiting completion, maybe

-Recently got a bullish crossover on the MACD, hopefully charge up that wave 3 to test the resistance line above

-if the trend breaks down through the red wedge and first green support line, expect a sell off to test the next green support line

Probable outcome with BTC on the rise...

#newb
Komentar:
breakdown of the inverse HS along with falling out of the red wedge, we will now continue downward to test some support beneath represented in green lines.
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