TradingView
Crypto28
Feb 22, 2018 10:48 AM

Litecoin is going for a breakout 

Litecoin / BitcoinBitfinex

Description

After the recent bull run, Litecoin found itself support at 0.786 Fibonacci retracement and MA100 and it bounced twice from there. Overall it has formed a falling wedge and it might breakout through that for another increase in price.

Trade active

As expected Litecoin broke out, first target is 0.024.

Trade closed: target reached

My set target of 0.024 wasn't reached, it peaked to only 0.023856 so I closed my position at 0.0235 manually. Still a nice profit of %15 for this trade.
More