justsomeguy

LTC: Pendant on the 1h

COINBASE:LTCUSD   莱特币/美元
Pendant / equilateral triangle forming. Still no real indication which way it'll break. Definitely something to keep an eye on for anyone doing day trading. Long term traders shouldn't sweat it as 1h chart doesn't mean a ton long term.
评论: EDIT: After looking at the 1d SMA/EMA/WMA I'm getting more worried. Could be a false sign but it's definitely looking like it's starting to lose steam.

评论: Got a bounce at the top of the triangle. Still range bound.
评论: We've broken out of the pendant! 1d EMA is starting to recover too instead of flat lining.

If we break and hold about about 73.30 I'm going to buy back in.
Thanks for this analysis.
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