BITFINEX:LTCBTC Litecoin / Bitcoin
Took profit from :) Going to throw it into LTC now. For me personally without much worries , I am anticipating the W formation if traders want to take a lesser risk , traders should wait for a confirmed break out from the W formation. If an upward beak out from the W formation is confirmed then I can adjust to a higher target region :)
Comment: Possible bearish divergence as well if we see a higher high. Just to play it safe I would close 75% of my position at the take profit early zone.
Comment: Bullish divergence on 4H time frame to use as price entry , also use ichimoku indicator to help with entry decision