Falling Triangle in Reversal Setting LTC-USD

My new bit of learning today has been that a falling triangle can be either bearish or bullish depending on the case. In this instance, I see LTC in reversal, ready to test overhead resistance after breaking out of this triangle.

I have shown the likely path ltc will take before it is squeezed to the upside.

RSI is neutral.

I am bullish on LTC and BTC long term.

This is clearly not advice. This is for my own practice and reference as a hobby trader.

Please dont be shy to critique.

ความคิดเห็น:

break to the upside testing local resistance