There is a ascending triangle forming on the one day candle with convergence upcoming. Could this be enough to propel LTC into the next fib level? Or will it simply break up to get rejected back down? Volume closer to convergence should give us a good idea of the strength we will have for the potential leg up.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.