As you can see LTC has been trading within an ascending triangle. This should break above, rather than below. Targets indicated on the chart.
Catatan
LTC may be moving above the upper line of the triangle, at the moment trading above 35,3$, BUT BTC hasn't moved yet, so, we know that Bitcoin dictates major moves, and until it breaks out of its triangle this should be observed only.Catatan
This move is confirmed. Targets between $42 and $44.Catatan
LTC/BTC went straight up to the previous resistance up to a Satoshi basically.
If we take this resistance into consideration and add expected move up to $44 area, this suggests that BTC now needs to move up in order to push LTC up to its target.
Bullish signs, although caution advised.
Catatan
Just like we mentioned today, BTC had to move up to allow LTC to continue its rise. BTC at 4200 right now, LTC $41. Target in sight.Catatan
that was close.
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Pernyataan Penyangkalan
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.