LTC could rally 40% from continuation pattern

  • Litecoin price building a symmetrical triangle pattern.
  • Volume trending downwards over the last five weeks.
  • 10-week simple moving average (SMA) remains vital short-term support.

Litecoin price climbed almost 900% in less than a year and is now consolidating the substantial advance in the form of a symmetrical triangle as buyers and sellers’ uncertainty has led to gradually declining volatility. A breakout from the continuation pattern is often a precursor to a longer…


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