Short term long on LTCUSD

Today's 10%+ drop is pretty scary, but I'm going to help support this level. I feel like this level is stronger, especially if you go on weekly chart and take a look from Jun 12 to August 14 2017 consolidation around this price level, and last week's doji, it's still a small risk trade.


Area to pay attention to
1st order Limit buy: 57.8 Risk: $2.89 Reward: $19.2
2nd order limit buy: 56.50 Risk: $1.50 Reward: $15.5
Stop: $55
1st Target: $72
2nd Target: $77
Chart PatternsTrend Analysis

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