LTCUSDT (Volume Analysis Prediction 4/04/2018)
Updated
Ticker: LTC/USDT
Exchange: BINANCE
Signal: mid-term Long
The coin comes to a strong support zone, from which it is likely to expect a rebound
We can not expect that due to strong support,
a global turn will begin, but expecting the reaction of bulls to this level is a good idea.
Do not put profit taking places too far, as there may be a "rebound of a dead cat
This is a pattern of technical analysis, which implies that the reaction of buyers will be,
but this reaction will be small, and after the rollback the movement will continue
In case if on this support there will be a turn of a global trend
(that in given conditions to define it is impossible),
it is possible to take profit on the points designated by me.
And after that open a long position again, having a reversal confirmation
Entry point: 110.5
Stop: 106
Target1: 122
Target2: 134
Exchange: BINANCE
Signal: mid-term Long
The coin comes to a strong support zone, from which it is likely to expect a rebound
We can not expect that due to strong support,
a global turn will begin, but expecting the reaction of bulls to this level is a good idea.
Do not put profit taking places too far, as there may be a "rebound of a dead cat
This is a pattern of technical analysis, which implies that the reaction of buyers will be,
but this reaction will be small, and after the rollback the movement will continue
In case if on this support there will be a turn of a global trend
(that in given conditions to define it is impossible),
it is possible to take profit on the points designated by me.
And after that open a long position again, having a reversal confirmation
Entry point: 110.5
Stop: 106
Target1: 122
Target2: 134
Trade closed: target reached
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