LitecoinUpdated Is LTC Still Bullish Mode??
1. As we can see 21 EMA daily is still green, which indicates we are still bullish (Green colour)
2. Support is around $ 43. Be careful if the price is under $ 43, it will turn 21 EMA daily to red. (Blue rectangle)
3. The closest resistance is at the 200 EMA daily around $ 51 (Yellow Colour)
4. This bullish trend target is around $ 63-70 (White Colour)
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5. If you missed the train, you can place order around support price with tight stop loss.
Good luck to you :)
2. Support is around $ 43. Be careful if the price is under $ 43, it will turn 21 EMA daily to red. (Blue rectangle)
3. The closest resistance is at the 200 EMA daily around $ 51 (Yellow Colour)
4. This bullish trend target is around $ 63-70 (White Colour)
.
.
.
5. If you missed the train, you can place order around support price with tight stop loss.
Good luck to you :)
Note
- As I said in point number 3, LTC has touched resistance around $51Trade active
Trade active
Note
LTC has broken through 200 EMA Daily, That's a good sign :)Note
Daily uptrend with support around $50Trade closed: target reached
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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.
Disclaimer
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.