Litecoin (LTCUSD): Last Hope on Bulls! My Plan to Buy:
Updated
Spring sale on cryptos continues.
Ltcusd is approaching a support line of a major rising daily channel.
It matches perfectly with a strong horizontal structure and formes a narrow confluence zone.
Within that the price is trading in a narrow trading range on 4h.
242.0 - 254.0 is its resistance.
To buy wisely, wait for its bullish breakout (4H candle close above),
then buy on a retest.
Your goals will be:
285.0
325.0
In case of a bearish breakout of the range,
the market can drop much lower.
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