GIgor_021
Long

LTCUSD: possible buy opportunity

BITFINEX:ETCUSD   Ethereum Classic / U.S. Dollar
Cryptocurrency market also crashed and didn't act as safe-heaven asset-class...

ETC lost more than 50% of it's value in March.

At the moment it's moving sideways in a triangle, accumulating longs?

EMA indicator is bullish .

Entering the market from around 5 price level with S/L below 4.5 and T/P above 7 provides decent R:R.

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Comment: Sorry guys, this is ETC, not LTC.

Comments

looks like a pair worth following, this is what I have marked up lately on LTCUSD
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GIgor_021 transparent-fx
@transparent-fx, nice one, thanks for sharing! As you might've seen, my analysis is on ETC, not LTC! Just mistyped...
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