Ascending Triangle

LTCUSD15m

Neutral

May 11 2023

LTC/USD

The Pair has formed an Ascending Triangle pattern on a 15min time frame. For a proper breakout the Pair has to close above the resistance line.

Pair closing above the resistance line would be an indication of a breakout on the Upside.
Breakouts can be on either side.

The prices are trading near the EMA, for breakout on the upside the Pair has to close above the resistance and the EMA, vice versa for downside.

Advice : Trade as Per Breakou