LTCUSD - At the support - Potential Bounce and Breakout expected

LTCBTC is testing the support again.

If it holds then bounce is expected and with it, it could breakout upward

Potential TP in near future: 1. 60 2. 63.5 3. 67

Caution: Use tight SL - 57

Please like and comment what do you think of my analysis.

Thank you and Good luck!!

Trade active

Trade closed: target reached:

Trade is going as planned. Plan to take partial profit around 60 and may continue with part of the position for next target

Comment:

LTC is attempting to push up again in order to break the $60 resistance. If that happens, it could act as another entry point once the support is re-tested.

OBV, Stoch and trendlines are all pointing towards bullish sentiment.

Trade active:

BTC is moving nicely and will potentially for 3 white soldiers pattern upon closing of this 4H candle. Such pattern is considered highly bullish and hence, BTC may cross $6800 resistance in next or two candles.
As recently seen, other cryptos follow BTC and hence, LTC may hit $62 target as well. Observe closely.