LTCUSD - At the support - Potential Bounce and Breakout expected
Updated
LTCBTC is testing the support again.
If it holds then bounce is expected and with it, it could breakout upward
Potential TP in near future: 1. 60 2. 63.5 3. 67
Caution: Use tight SL - 57
Please like and comment what do you think of my analysis.
Thank you and Good luck!!
If it holds then bounce is expected and with it, it could breakout upward
Potential TP in near future: 1. 60 2. 63.5 3. 67
Caution: Use tight SL - 57
Please like and comment what do you think of my analysis.
Thank you and Good luck!!
Trade active
Trade closed: target reached
Trade is going as planned. Plan to take partial profit around 60 and may continue with part of the position for next targetComment
LTC is attempting to push up again in order to break the $60 resistance. If that happens, it could act as another entry point once the support is re-tested.OBV, Stoch and trendlines are all pointing towards bullish sentiment.
Trade active
BTC is moving nicely and will potentially for 3 white soldiers pattern upon closing of this 4H candle. Such pattern is considered highly bullish and hence, BTC may cross $6800 resistance in next or two candles. As recently seen, other cryptos follow BTC and hence, LTC may hit $62 target as well. Observe closely.
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