LARP_Capital

Litecoin Long Entry on Cup and Handle Neckline Retest

Long
LARP_Capital Updated   
POLONIEX:LTCBTC   Litecoin / Bitcoin
Assuming this is actually a cup and handle formation, litecoin looks like a decent long play if one were to enter on the neckline retest.

Bullish fundamentals derived from uncertainty with bitcoin and a mysterious countdown timer at litecoin.mit.edu/ will accompany the technicals behind this bull run.

I'm expecting .024 as an intermediate target and .034 as a final target. All aboard!
Comment:

Chikun looks extremely strong... the green box is a good spot to pick up more.

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.