FieryTrading

Litecoin About to Explode: Bullish Triangle

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BINANCE:LTCUSDT   Litecoin / TetherUS
As you might have noticed in my other LTC posts, I'm quite bullish on this coin in the long term. For now, I've spotted a bullish triangle setup on the 1H chart. Since bullish sentiment in crypto is nowhere near running out, I see the bullish triangle breaking at any moment now, signaling a new upward movement for LTC.

In my previous post I mentioned $180 as the next short term hurdle. This remains the same for this setup, in addition of a $200 price target for the coming week. Do your own DD & trade happy.

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