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FernanEspejo
Mar 17, 2018 12:34 PM

Litecoin - hitting key supports Long

Litecoin / U.S. dollarBitstamp

Description

Started using oscillators and multi frame analysis. Observing daily and half hour charts, we are touching both key supports on them. Similarly the Stochastic indicator suggests signs of a trend reversal (crossover) for both timeframes.

If the half hour chart Stochastic confirms, I would enter with a TP level just below the next resistance
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