🔥 Litecoin Quick Triangle Setup

٣٠ يناير ٢٠٢١

In my previous LTC post I argued that LTC is currently residing in a bearish triangle. Also, LTC failed to pierce through the upper triangle resistance, producing a double top pattern. Two strong bearish chart patterns in a row.

This trade is based on the premise that LTC will fall back to the triangle support area around $120. Do your own due diligence.

Happy trading!