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davec83
Apr 24, 2018 5:44 AM

Litecoin (LTC/BTC) - 30 day accumulation period to end soon! Long

Litecoin / BitcoinBinance

Description

Litecoin seems to be gearing up for a breakout sooner rather than later. Best way to trade this is to go in after the breakout and if prices stay above support (what was prior resistance)

Entry: After breakout and resistance becomes support
TP1: 0.0204
TP2: 0.0218
TP3: 0.0235

Stop loss: 0.0163 or below support after the breakout.

In the case of a failed breakout, you can enter with a tight SL at 0.0165 or 0.015765 if the previous price doesn't hold.

Thumbs up if you agree! Comments welcome.

*Not intended as trading advice. This is just my trading idea. I trade with stop losses. Please use your own judgment when trading real money*
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