Looks like LTC is on a verge of consolidation breakout from a symmetrical triangle that has been around for a few days now. Could breakout either way, guess we just have to wait for a retest.
If LTC experienced a failed consolidation breakout of the bottom trendline from a symmetrical triangle, could this signal a consolidation breakout of the upper trendline to continue its uptrend?
Multiple pennant formations occurred. Next breakout could form a larger pole that could reach 1000 based on past trends. Careful though, a massive pullback could occur if a larger pennant forms.
