LitecoinUpdated Long LTC/BTC
Practicing only ! Please do help if found error so that i can learn ! Thanks !
Note
First support level around 57.5 aprox being tested !Note
If bullish trend continues then target is around 66 $Note
Then correction would take it to 61 $ around ! And so on until bull trend breaks !Note
After testing the support somewhat getting back on track - bullish trend continues again !Note
Stop-loss at 57$ for me as my entry point was 57.9 $Note
After seeing 56.2 $ had to keep Stop - loss at 57 now as support being tested and so i think if this support breaks again then its a dump and downtrend starts !Note
Taking little more chance ! :) Keeping stop loss at 56 $Note
Wohoo cancel my stop loss at right time ! Saw huge buys ! :P Hope so its back bullish again ! BUt around 56 to 55 $ do be alert !Note
Now due to staying this much time at oversold area ! The force us stronger than before ! 66$ area is where first resistance lies i think !Note
Still in bullish accumulation phase ! Used to be miners favorite coin and did gave alot profits backs to miners back then ! This implies LTC community support is huge ! :)
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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.