LTC: 1H TF bullish engulfing candle
Being in an strong uptrend and after a small retracement, LTC is gaining momentum again.
Expect a sharp rise in LTC price to €75 followed by a consolidation before reaching the €80.
Expect a sharp rise in LTC price to €75 followed by a consolidation before reaching the €80.
Trade active
Price reached the Fib at €73.41 and will likely consolidate in this range.Be patient and set your SL accordingly with momentum.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.