LTC hovering at channel resistance.
Breakout and close above will permit long entry, targeting 2.618 ext of the 0.786 retracement (wave 1-2).
Breakout and close above will permit long entry, targeting 2.618 ext of the 0.786 retracement (wave 1-2).
Note
SL will be close below channel resistance after it breaks, it should be adjusted accordingly should the trade be opened.Note
we broke above, wait for hourly close
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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.