LTCUSD going into Resistance
Updated
LTCUSD
Daily time frame.
Litecoin going to resistance levels as shown around 210$
breaking this level will lead to resistance TrendLine at 221.4$.
so how i am going to trade this :
first buy around 210 and then sell at 221.
after breaking 221$ and retest the resistance trendline i will buy when will change to support.
secound, if we faced the resistance level with out closing above i will
wait for retest for support trend line , which is good it will be low risk as well as low price
apply this on your chart and find out if it's work.
Regards
Daily time frame.
Litecoin going to resistance levels as shown around 210$
breaking this level will lead to resistance TrendLine at 221.4$.
so how i am going to trade this :
first buy around 210 and then sell at 221.
after breaking 221$ and retest the resistance trendline i will buy when will change to support.
secound, if we faced the resistance level with out closing above i will
wait for retest for support trend line , which is good it will be low risk as well as low price
apply this on your chart and find out if it's work.
Regards
Note
here we goNote
closing above trendline means more moves to our long targets other than than watch for the support levels and support trenline
Trade closed: target reached
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