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CognitoBTC
Aug 27, 2019 8:48 AM

LTCBTC looks Very healthy with Massive Price Growth over 80% Long

Litecoin / BitcoinBinance

Description

BINANCE:LTCBTC
is showing a massive bull run in annual timeframe charts.
we have good supporting levels at as highlighted in the charts 0.007049 and 0.007240 . We need big volume push in order to cross to reach territory of 0.090xxx, once it has been achieved we are clear to move up further.
i have highlighted sell targets using simple comment box as SELL 1 and SEll 2 . PLZ be sure that my primary focus is playing on the safe side since there a chance of retracement in the territory of drop zone around 0.013200. We are looking to hit above 0.0150xx in long run.

What should we do Now?
lets wait a bit to see more decline in volume and make a buy accordingly, however my buying zone is between 7030 and 7120.
Never forget to use stoploss and keep alerts on your cell phone.

Events and news on LTC:
on 5th August 2019, LTC went through another halvation to Ltc/BTc.
Charlie Lee is now more active on social media and promises to deliver more frequent update on ltc.

Positive critique is always welcomed
help me improve my charts.

happy trading

Comment

we broke down the support.

Comment

we are playing in decisive moments.
wait until btc settles its position

Trade closed manually

Comments
nagihatoum
it's been out of the wedge for a while now. but not going up.
CognitoBTC
@nagihatoum, you are so right. i think we will dump more extremely before climb.. whats your view point?
nagihatoum
@CognitoBTC, reversal in less than week, 3 days by just looking at the RSI. This assuming that the fractal holds and BTC dominance reverses.
CognitoBTC
@nagihatoum, let me look at it
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