AlanSantana

[LTCUSD] Litecoin LONG Trade Signal [650%+ PP]

Long
AlanSantana Updated   
BITFINEX:LTCUSD   Litecoin
Litecoin (LTCUSD) needs no introduction. We will be looking at it shortly and going straight to the trade:
  • We have a falling wedge, which is a bullish pattern.
  • LTCUSD is now sitting at 2017 strong support levels.
  • MACD curving up and bullish crossover.

Trade instructions for Litecoin (LTCUSD) by Alan Masters

Buy in: $50 – $54

Targets for LTCUSD:

(1) $60
(2) $68
(3) $80
(4) $90
(5) $100
(6) $116
(7) $135
(8) $165
(9) $190
(10) $220
(11) $250
(12) $280
(13) $340
(14) $420

Stop loss: Close weekly candle below $46.

Capital allocation: <20%.

Enjoy the trade.

Alan Masters.

Namaste.
Trade active
Trade active:
Looking beautiful, we are now back within are buying range, after a very strong bounce. Looking forward to seeing Litecoin go bullish.

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