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Fxprotrader

LTCUSD: Buy Setup with Great Risk/Reward

Long
Litecoin (BITFINEX:LTCUSD)  
Fxprotrader  
BITFINEX:LTCUSD   Litecoin
Trend Analysis LTCUSD Cryptocurrency
5
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trendanalysis ltcusd cryptocurrency
Price bounced from the sliding parallel of the median line and after a sharp move to the upside it is now developing a correction. At current level we have previous structure which adds more support to price. Going long from here is a nice idea.

Entry: 44.300
Stoploss: 43.430
Profit target: 47.535
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