Litecoin chart analysis (10/2/17)

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Litecoin has been slowly recovering this last month, after hitting a bottom of $37 per coin.

We have a symmetrical triangle formed on the hourly time frame, with RSI at 40. MACD just finished giving us a sell signal, but as you can see below, the cross lines have been tightening. If we use this indicator, as well as the symmetrical triangle pattern, it's safe to say a breakout will occur in the next day or two.

My current crypto strategy is HODL what I've got, and add more during the pullbacks and large corrections. So far, it's been working out!

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Litecoin chart analysis (10/2/17) | Ecency