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LTC Waiting on Bullish Signal
Litecoin / Bitcoin
Long
LTC Waiting on Bullish Signal
By beartooth-clark
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Updated
Jun 2, 2017
5
Jun 1, 2017
Waiting for initial resistance to break near 0.012 to confirm bull.
Additional area of resistance may form at 0.014.
Price is trading between 0.011 and 0.02.
If support breaks below 0.01 a bear might pull LTC back to 0.009
Trade entered at .013
TP1 at 0.02
TP2 at 0.03
Jun 2, 2017
Note
Yesterday reached up to 0.012 but closed at 0.0114 for the daily.
Still unsure of bullish trend since it failed to close above resistance.
Sideways trend may last a few days before testing at 0.014
Bullish Patterns
LTC
Trend Lines
beartooth-clark
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