AdamHong

LTCBTC: Bullish XYAB Pattern

Long
BITFINEX:LTCBTC   Litecoin / Bitcoin
The market has broken up the downward trendline XB,and YA is the 0.382RET of XB.
Meanwhile AB has pulled back the broken trendline,and the B point did not break down previous A point.
Additionally, the RSI has been divergent already.
So it is good to buy at 0.0106-0.0109 levels.
SL:below 0.0099
TP1:0.0140
TP2:0.0155
TP3:0.0170
Ultimate Target:0.0196

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