Litecoin (LTCUSD): Key Level & Confirmation to Buy
Updated
Hey traders,
Again, Litecoin is on a key level.
After 55% price correction from November's high, the market is approaching a major zone of demand.
Taking into consideration that we are still trading in a long-term bullish trend, I am looking for buying opportunities.
On focus is a bullish flag pattern.
Your confirmation to buy will be its bullish breakout.
You need at least a daily candle close above its resistance to confirm a breakout.
First goal will be 217 level.
In case of a bearish breakout of a blue zone,
the setup will be invalid.
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Note
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