Technical analysis by ribi about Symbol LTC: Buy recommendation (12/30/2022)
https://sahmeto.com/message/2560043

ribi
Rank: 4664
Analytical Power:
1.7
Litecoin forming Bullish Pennant on 3 month chart
:Buy
Price at Publish Time:
$68.2

this is a very large time frame 3 month, so this could take years to reach tarrget price. we hawe 3 touches on trendline (the rule of 3) and allso volume is going down.Pennant usualy make a false break to the down side, what is even more bullish, because it leads to higher momentum when it breaks up.Please tap on a like button and coment below. Happy new year 2023
Source Message: TradingView