LTCBTC

LTCBTC

BULLISH FLAG PATTERN.

They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a coin and the flag results from a period of consolidation. The flag can be a horizontal rectangle, but is also often angled down away from the prevailing trend.

Consolidation continues alittle more  between the 0.5fib retracement level and 0.382fib, as price rises to the upper resistance.

if broken as expected, TECHNICALS suggest that price will gradually move up and cross 0.02sats

 

Disclaimer: The analyst won't be responsible for a loss of fund. Trader should be able to manage risk.

$COV HODL

 

 

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