frogwraps
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LONG TERM ASCENDING TRIANGLE FOLLOWED WITH A BREAKOUT

COINBASE:LTCUSD   莱特币/美元
Followed with a upward channel with support and resistance in the channel set clearly stay long as long as this pattern persists.
评论: Breakout of the channel Top here indicates a new support trend line with the top of the channel now becoming support and the bottom of the channel becoming the resistance. Move your channels up to new position.
Breakout on top of the channel is in over bought territory Don't jump ion here wait for a pull back or keep riding the Long. Jump in at the channel bottoms unless a head and shoulder pattern shows up.
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