LTC 4H Decision Time Break up or Down

The symmetrical triangle will force a move up or down soon. The overall pattern looks bullish. Using Price Action Based (PABT) theory: only two moves - Expansion and consolidation, the LLPB is 94.74, deep low on the weekly 76 could be complete and the bull target is 136 - 145.

Yorum:

If supports hold at the 93 level could be entry time.

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1H MA200 93 4H MA50 93

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Weekly High for major bull run target 182
Daily chart local high 106
Daily chart 2nd local high 127
MA20 on Daily 105
MA50 on Daily 118

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FIB H to L on daily
.786 131
.618 119
.5 111
.382 103
.236 92.88

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15 minute Ascending triangle has tightening consolidation at top (93.45) enter a long a close of candle at apex (93).

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tight SL at 92