LTCUSD pair has been trading in a descending triangle betwen 22.12.2017 and 10.6.2018. A break down from that triangle has happened at 12 Jun 2018. Since then, the bottom line (reddish color) is the new important resistance level.
LTC has the first break up attempt (you can see on the chart) which was NOT successful because of the lack of volume which also means that lack of interest of investors.
But here comes the second one. I think that will be successfull because whales cannt hide their foot prints , volume. Volume made a HigherHigh at 27 Sep '18 and I predict that price will follow it. LTC's first target is 75$ levels and stay above it Second one is 110$ levels. After then new ATH.
Please share your ideas with me and hit the like button :D I appreciate that. Thanks for stoping by and reading my post . Trade safe, stay happy
Nice work! simple and to the point. I have been making charts for beginners so its easy for them to understand how charting works and this is a perfect example. thank you
BilimNehri
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@Jmiller1621, your welcome, thanks for the compliment