COINBASE:LTCUSD   Litecoin / U.S. Dollar
As you can see in my chart, there is a possible channel which has a lot of breakout or takeout during the time, and the price has broken it with strong momentum, that why I'll go with a long position till 48 prices. That might be a barrier. I put the stop below the price shadows on the channel. Take this trade at your own risk.
Why? Because in a bigger picture, the price has broken a more significant channel form downside, but I think it will bounce back in it. (I haven't drawn the channel in the chart.)
What is your opinion? Comment it below.
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You have an interesting setup, noted those points, let me know what you think of my analysis
keep up the good work bro
Sorry 46* is the target
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