Hello All,
Quickly wanted to point out that LTC is trading in its golden pocket zone.
If it breaks below this pocket then we have next support at around ~60$ and ~50$, but but but... if it holds this support today then we might have golden buying opportunity here.
Next couple days will be very important including today, LTC should close above 65$ for this support to be valid. Then it must regain 0.618 level and re test it as a support, this is where our buy will be triggered (~70$).
Hope you like this short, to-the-point updates.
Happy and safe trading...
Chao...
Quickly wanted to point out that LTC is trading in its golden pocket zone.
If it breaks below this pocket then we have next support at around ~60$ and ~50$, but but but... if it holds this support today then we might have golden buying opportunity here.
Next couple days will be very important including today, LTC should close above 65$ for this support to be valid. Then it must regain 0.618 level and re test it as a support, this is where our buy will be triggered (~70$).
Hope you like this short, to-the-point updates.
Happy and safe trading...
Chao...
