The LTC moves sideways last few days that formed the triangle pattern. These trendlines acts as dynamic support and resistance. I will await the market to breakout the triangle and then enter into the trade. After the valid breakout, I either go short or long on LTC, depends on the market condition.
Note
sellers breakout triangle
Disclaimer
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.
Disclaimer
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.