The price of the LTC has been moving in the bullish direction for a while with smaller pullbacks to correct the aggressive bullish moves.
As the trend is your friend, I am looking for a bearish pullback towards the rising support and another bullish bounce then.
This setup provides us with quite a bit of safety, as the trade is only active on a proper retest of the support.
As the trend is your friend, I am looking for a bearish pullback towards the rising support and another bullish bounce then.
This setup provides us with quite a bit of safety, as the trade is only active on a proper retest of the support.
Comment:
The price just made a double top. Looking for a smaller retracement towards the indicated support now.