BitfulMind

$LTC.X, Do you see a Bearish Triangle, or a Double Bottom?

BINANCE:LTCUSDT   Litecoin / TetherUS
Hi Community,

Still learning this fascinating world here!

Question to you all: do you see a bearish triangle or a double bottom?

What I see:
  • Price touched support two times, and
  • RSI is above 50
  • However, the triangle is quite evident at the bottom of a downtrend.

I guess in these cases, you just have to wait and see, right?

Comments and feedback are most welcome. Happy trading!

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Needless to say, this is not financial advice!

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