ant187

LTC - Buy the breakout

ant187 Updated   
BITFINEX:LTCUSD   Litecoin
LTC could be on the brink of another breakout. Huge bullflag forming.

Key notes:

1) Look for a high volume impulse above $245 to confirm breakout
2) Triple hourly dojis, something big is coming.
3) Set a tight stop loss around the 20 EMA
4) If BTC starts tanking I advise you to be careful.



Otherwise, buy the breakout! I've already entered @ 242 and I expect a test of $262-$270 in the coming hours.
Trade closed: stop reached:
Looks like a bulltrap, I was stopped out @ 240

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