I highly doubt that LTC will move downwards as the support is quite strong. Go long after breakout confirmation if you are a conservative trader and place your SL below the upper trendline. Aggressive traders can already buy in and place their SL below the horizontal trendline. In this case, the SL should be moved upwards once the breakout occurs.
Trade active
Looking good so far!
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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.