LTC Long Setup - Retest of ATH 400+

BITSTAMP:LTCUSD   Litecoin / U.S. Dollar
LTC experiencing some healthy consolidation around the 0.5 fib level. RSI and MACD so far holding up healthy with Bollinger bands tightening up for a move. I think we could see a move to 280 in the next 24 hours followed by a retest of ATH .

This trade relies on BTC holding steadily upwards/downwards with no drastic movement.

To summarize:
Target 1: 280
Target 2: 320
Target 3: 400

Stop loss: 235

Not a professional. DYOR.
Jan 10
Order cancelled: Cancelled trade. Bitcoin going back down and will pull LTC with.
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