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zippy1day
Panjang

LTC Ascending Triangle

Litecoin / Bitcoin (BITFINEX:LTCBTC)  
zippy1day  
BITFINEX:LTCBTC   Litecoin / Bitcoin
Segi Tiga
546 6 8
triangle
I suspect everybody including myself waiting for a pop on litecoin, so this is what might happen?
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:ascending_triangle_continuation
Dagangan aktif: This is a buy in anybody's books!
snapshot
Dagangan aktif: Zoomed in nice little Eve & Adam forming?
snapshot
Dagangan ditutup secara manual: Cut my losses as looking more like Triple Top:-
snapshot
cbarkly
support broke
OUTSIDE triangle now./
Balas
zippy1day cbarkly
@cbarkly, Yes I agree it has broken support but also bounced off falling wedge so hoping this a "bull wick" and we retrace from here anything yes will be bearish!
snapshot
Balas
powr
looks good. if btc however goes on another run we could see this formation go to shit, our trendline could also break. keep your eyes peeled
Balas
zippy1day powr
@powr, @zippy1day, Your right of course if you believe btc still coupled at the hip, I am hoping this will be broken as all alts start to rise out of phase with bitcoin?
Balas
RevillezaLex
Sorry, I'm a noob. Does your graph suggest that LTC will probably hit low below 0.010200?
Balas
zippy1day RevillezaLex
@RevillezaLex, If which I believe it could be an "Ascending Right Triangle" then this is a bullish pattern and so that target which I do not recognise is unlikely but not impossible!
Balas
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