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zalmoxes
Jan 14, 2019 11:21 AM

LTCBTC In Upwards Channel & Potential Ascending Triangle 4H Long

Litecoin / BitcoinBitfinex

Description

Let's try LTCBTC again. Before BTCUSD broke down and we managed to pull down to previous resistance/now support at 0.00855 and this could be a good place to buy with stop loss below previous low at 0.0082. Target could be at 0.01 or 0.012 if we break 0.01 with volume. If the trend continues, we could hit 0.0155, but unlikely in this bear market. That would be medium/long term target.
This is not a financial advice, this is a educational idea. Comments and different views are welcome!

Comment

Touched 0.01

Comment

Broke 0.01. If it consolidates and BTC doesn't crash, further rise is very possible.

Trade closed: target reached

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