交易者 ahlwong 的 "LTC Long Descending Triangle to $550-$580" — 發表於 2018-01-13

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萊特幣 / 美元 (COINBASE:LTCUSD)

COINBASE:LTCUSD 萊特幣 / 美元

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chartpattern cryptocurrency

• $LTCUSD descending triangle more than 3/4 full
• RSI bouncing from 50
• Price approaching top of triangle
• Preflight checks complete, next stop $550 - 580

Potential fractal

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Here's a slightly more conservative triangle based on wicks and also some timeframes:

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when are you predicting LTC will reach the range of $550-580? days? weeks?

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tucci2001

@tucci2001, hard to say but LTC likes to move a lot very quickly. The triangle pattern will complete before January 23rd or 25th. We should either see a breakout to the upside or, potentially, downside before then.

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ahlwong

@ahlwong, thank you,

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Hidden bullish divergence:

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BTC moves over the course of a few weeks but LTC moves in 2-3 days. This is a huge opportunity setting up. LTCBTC pricing has been setting up a very strange formation the last few days but it all clicks now. The LTCBTC price is being held down for accumulation by whales.

The market cap on LTC is $13B, if it doubled it would still be well under BCH but would reclaim 5th place. It is my strong belief that we are about to see an ATH $LTCBTC ratio and an ATH $LTCUSD all within a few days.

Please follow me on Twitter @targetsir

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