im long at 250 on LTCUSDT, looking to add here at ema support. looking for the previous high as my target
Tier 1 dip play with tier 2 add at the next support level
Need pressure to build up in the ascending triangle before a breakout to the upside (hopefully)
The 9ema and the 20ema need to catch up. will look bearish if the price breaks below the 9 and the 20
Will it bounce off the 50 or the 100 or go right back down to where it came from? we shall see. i am going to stay out of the way until i see an up trend establishing.
In my opinion i would personally risk "$500" to make "$1000" here on this breakout