Long

LOMO Finding Bottom

By myceliium
Updated
BITTREX:LMCBTC is finding its bottom. Currently resting in a strong area of support but looking ripe for an upward move.s3.amazonaws.com/tradingview/snapshots/l/l8Ra6JnJ.png
This support level is also well established on the daily if you're interested in a good entry for long term trade.

Entry: 570-590
Target: 700
TP1: 650
Stop: 540
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So far, so good. Looks like movement has begun
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First TP1 reached and blown past! 700 soon
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LOMO Support still holding. This could be a good place to pick up some more...
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LOMO looking to break through resistance at 595. If it makes it past this could get interesting!
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Breaking through resistance at 600...
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Sitting above 600 real nice with more room to go
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TP1: Hit.
TP2: 675
ALTSbottomChart PatternsTechnical IndicatorslomoTrend Analysis
myceliium

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