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Litecoin / Bitcoin

Litecoin is going for a breakout

By Crypto28
Updated
After the recent bull run, Litecoin found itself support at 0.786 Fibonacci retracement and MA100 and it bounced twice from there. Overall it has formed a falling wedge and it might breakout through that for another increase in price.
Trade active
As expected Litecoin broke out, first target is 0.024.
Trade closed: target reached
My set target of 0.024 wasn't reached, it peaked to only 0.023856 so I closed my position at 0.0235 manually. Still a nice profit of %15 for this trade.
FibonacciWedge

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