LitecoinLong
$LTCUSD #LTC #litecoin heading for $70
Updated
Looking at the current channel, I can see LTC going for a wave 5 up to $70,-
RSI on daily has enough space to let it happen.
We might see a down first.
Target is determined with Fibonacci extensions.
More detailed information in the update on smaller timeframe.
RSI on daily has enough space to let it happen.
We might see a down first.
Target is determined with Fibonacci extensions.
More detailed information in the update on smaller timeframe.
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Buy the breakout or bounce on the lower horizontal line Note
Price made indeed another leg down, now watch price action near the trendline for a strong upmove before you buy.SL in accordance with your moneymanagement strategy below the trendline
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And here is the break out!Note
LTC is having a hard time these days where BTC is flying.I changed the blue trendline a bit and shows last hope for LTC.
If the price breaks below this line, its better to close the trade.
Remember: always use proper moneymanagement and stop losses! Better safe than sorry! LTC has risen a lot off late.....
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Nice bounce on the trendline and looks on its way for more upTrend continuation pattern:
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sorry, i was to hasty making a chartthis looks better imho
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Doing well, nice recovery....lets see if LTC can continue the way upNote
Ready for breakout?Note
Nice rally for LTC!Still on track for $70.
Possible bounce area on chart. Watch price action in the blue box
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We're more or less in the targetted area. Keep an eye on price action, we might get a correction from here or in the blue box.Note
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