LitecoinUpdated LTC - Buy the breakout
LTC could be on the brink of another breakout. Huge bullflag forming.
Key notes:
1) Look for a high volume impulse above $245 to confirm breakout
2) Triple hourly dojis, something big is coming.
3) Set a tight stop loss around the 20 EMA
4) If BTC starts tanking I advise you to be careful.
Otherwise, buy the breakout! I've already entered @ 242 and I expect a test of $262-$270 in the coming hours.
Key notes:
1) Look for a high volume impulse above $245 to confirm breakout
2) Triple hourly dojis, something big is coming.
3) Set a tight stop loss around the 20 EMA
4) If BTC starts tanking I advise you to be careful.
Otherwise, buy the breakout! I've already entered @ 242 and I expect a test of $262-$270 in the coming hours.
Trade closed: stop reached
Looks like a bulltrap, I was stopped out @ 240
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Twitter: twitter.com/Jedi_ant
Twitter: twitter.com/Jedi_ant
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
If you find my information helpful, please return the favor and hit the like and follow button, it's very encouraging and keeps me motivated!
Twitter: twitter.com/Jedi_ant
Twitter: twitter.com/Jedi_ant
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.