Litecoin (LTC) shown on the 1D chart is in a very large triangle pattern and currently retracing. Within the large triangle, the price is hovering over a trendline. If it retests the trendline, it may retrace to the 0.618 fib level which is a possible 20-25% price decrease.
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
What are your opinions on this? Comment below, hit the like and follow me. Thank you!
Check out more below for recent Altcoin, Bitcoin and Stock Ideas.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
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