#LTC, Let's keep an eye on #Litecoin!
Updated
A quick look at Litecoin (#LTCUSDT, 1D, Binance):
Strategy
If the breakout holds:
If you want to read more about Litecoin on CoinMarketCap, click here.
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
But if you enjoy my chart, please like, comment or follow me. :)
Thank you and Happy trading!
------------------------------------------------------
Some of my charts represent actual trades, and some are just paper trading.
Needless to say, this is not financial advice!
- Price is picking above the daily resistance at $179. If LTC price confirms the breakout we could open a long position with a good margin for profit.
- If it does not hold, price should find support at $164 and $152.
Strategy
If the breakout holds:
- TP1: $226
- Alternative TP1: $199, TP2: $226
If you want to read more about Litecoin on CoinMarketCap, click here.
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
But if you enjoy my chart, please like, comment or follow me. :)
Thank you and Happy trading!
------------------------------------------------------
Some of my charts represent actual trades, and some are just paper trading.
Needless to say, this is not financial advice!
Trade closed: target reached
Related publications
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.