UnknownUnicorn9610108

LTCUSD still has plenty of room to go up

Long
COINBASE:LTCUSD   Litecoin
LTCUSD as well as many cryptos shifted from a bear market to a bullish market a couple days ago. The mathematical equations of the legs indicate an end on the 1.27 of the daily push. For entries the 4 hour could be used until major resistance is met on daily timeframe and then wait for a daily pullback in order to seek for a next leg up. Remember, the market moves in legs of phase 1 and phase 2. In bull markets you want to enter always on phase 1 which is the one that extends, and phase two are pull backs which on lower timeframes it looks like good short opportunities but they are not. The opposite applies to bear markets. Enter in phase one of the down trend. Good luck on your trading. The trend will remain valid as long as 4 hour respect structures and maintains the higher highs higher lows.
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