[LTC / USD] 5-3-18 Bull Pennant Breakout?

Is Litecoin breaking out from the Bullish Pennant?

**Here is the daily chart.

• It broke out from the upper trend line
• MACD is improving
• The price retested 50ma few times

**Let's look at the chart closely

• The bullish pennant / triangle breakout happened today.
• MACD's two lines are kissing each other which is a good indication
  for the bullish...
• The volume needs to be increased
• It is testing the resistance line @ $160
• The next resistances are @ $170 & @ $180
• It might hit the $200 once it takes out $180

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