LTCUSD

Hi There Fellow Traders

Welcome to my trading idea on LTC, As per my trading style I have noticed that LTC has been failing to get back up into the range of the ascending channel. Since the break-out, it looks like a descending triangle might be forming and can be confirmed with the next coming wave. If it does form the triangle, breaks out and confirms we should expect to visit the fib levels marked in purple on my chart. I am, however, overall bullish with LTC in the long term but for now, we will just have to wait and see where the fate of LTC lies within the next coming times.

Please Feel Free To Comment Down Below On Your Ideas Regarding This Idea.

HODL - Hold On For Dear Life