TheSignalyst

LITECOIN - Purple War Zone!

Long
COINBASE:LTCUSD   Litecoin
Litecoin broke the 300.0 round number. WHAT NEXT?

LTC rejected our upper brown trendline so as it approaches the 300.0 again, which is now turned into potential support, we will be looking for buy setups.

As per my trading style:
I will be waiting for it to approach the highlighted purple circle (area) to look for possible buy setups (like a double bottom, trendline break , and so on...)

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

This analysis is done using RichTL
www.RichTL.com

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