LTC Long idea

Litecoin / BitcoinPoloniex

Description

⋅ Sep 4, 2017 1:40 PM

Breakout higher or burnout rally, here's a 3.0 P/L trade idea. Higher timeframe cleanup may pull this back to optimal entry price for this trade. Weekly btc chart has a way to go imo. Also seeing at $58-62 as support.

Accumulation strategy:
Buy 10 LTC
Sell 8 LTC at Target
Keep 2 LTC