Ltc broke out of the triangle and out of the downward trend from the high of 36ish. I believe we are on a nice bull uptrend back to test that 36 level or go even higher. The green is just an estimate of how ltc might move in up/down trends as it continues to move upwards towards the 36 level and higher. As always this is a guess. Looking good so far. I believe nice gains can be made on the shorts here but be careful right now its so bullish you might be left standing behind lol. Longer term will be best.
Comment:
Lets watch for any down movements in the next hour or two.If it dosent reach below .0118 or even .012 we should be good with continuing uptrend. These may also be good entry points if your not in already. Im mad I sold last night at 26$ lol. I saw it break the bollinger band up and figured itd crash back down but it continued up leading me to believe it broke the triangle and is now on an uptrend.
Comment:
Doing some analysis an If it breaks the 29.5-30$ support level it may go down to 26/27 before rebounding an hopefully continuign uptrend. Lets watch closely
Trade closed manually