LTC - Buy the breakout
Updated
LTC could be on the brink of another breakout. Huge bullflag forming.
Key notes:
1) Look for a high volume impulse above $245 to confirm breakout
2) Triple hourly dojis, something big is coming.
3) Set a tight stop loss around the 20 EMA
4) If BTC starts tanking I advise you to be careful.
Otherwise, buy the breakout! I've already entered @ 242 and I expect a test of $262-$270 in the coming hours.
Key notes:
1) Look for a high volume impulse above $245 to confirm breakout
2) Triple hourly dojis, something big is coming.
3) Set a tight stop loss around the 20 EMA
4) If BTC starts tanking I advise you to be careful.
Otherwise, buy the breakout! I've already entered @ 242 and I expect a test of $262-$270 in the coming hours.
Trade closed: stop reached
Looks like a bulltrap, I was stopped out @ 240
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Twitter: twitter.com/Jedi_ant
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