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LTC: Potential Breakout Imminent Within 24 Hours

Observations:
  • After seeing more data, it appears the correction is still in play. However not as deep as previously anticipated.
  • Appears we are currently completing a Wave 2 correction that has formed an ABCDE symmetrical triangle.
  • Watch for Stochastic RSI to bottom out and curl back up for the breakout with significant volume to confirm the start of Wave 3.
  • With this assumption, it could breakout within 24 hours.

Disclaimer
For informational purposes only and not deemed as financial advice
modernpicasso
Chart PatternscryptoCryptocurrencycryptotradercryptotradingLitecoin (Cryptocurrency)LTCLTCUSDTrend AnalysistrianglebreakWave Analysis
modernpicasso

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