CTJ

LTC 15 min 10-27-17 PT 2

COINBASE:LTCUSD   Litecoin / U.S. Dollar
If we zoom in we see this pattern within the larger channel. The price seems to be forming an ascending triangle , we may break out up out of the ascending triangle formation and find ourselves testing the wider trend channel. Might be an opportunity to go short and scalp profits at the top of the channel. Will wait to confirm a bounce before selling.

*Please take with a grain of salt new to TA *

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Big green candle as soon as this is posted.
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