BBlokx

LTCUSD 1h - Showing a triangle pattern - fib retracement

COINBASE:LTCUSD   Litecoin
After the recent spike in price due several reasons (one being LTC entering the Korean exchange?), LTCUSD is showing triangle pattern towards perhaps a consolidation level. This level also happens to be located at a fibb retracement level. Where the price will go at the end of the triangle is unsure but it might proof to be a new strong resistance/support level.

Let me know our thoughts/ideas. If you have any comments or questions please let me know!

Cheers!
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.