Possible ascending triangle
Possible ascending triangle forming with RSI and MACD show possible bullish movement in hourly and daily chart.
I would'n put it in the chart (it is so much visual noise), but if you check Ichimoku and Bollinger also suggest possible bullish movement.
BUY: 58.5
TARGET: 72
STOP: 51.85
Please note that I consider BTC to be acting like a magnet for most cryptos, specially if it makes a big move.
If BTC breaks, 4300, it most likely will affect LTC as well.
Best regards,
I would'n put it in the chart (it is so much visual noise), but if you check Ichimoku and Bollinger also suggest possible bullish movement.
BUY: 58.5
TARGET: 72
STOP: 51.85
Please note that I consider BTC to be acting like a magnet for most cryptos, specially if it makes a big move.
If BTC breaks, 4300, it most likely will affect LTC as well.
Best regards,
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