MMBTtrader

LTC after deep fall reach strong support zone wait for recovery

Long
COINBASE:LTCUSD   Litecoin
As we can see price now touched strong support zone on chart that is Fibonacci last support level and 200 Moving average and pressure of buy positions will lead market to reach once again resistance zones that marked on chart .

We are looking for second target if and if we had breakout and our updates on bitcoin shows strength.

Targets:
A. 336
B. 366

DISCLAIMER:.
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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