AlexCH
Long

LTCUSD - Close above channel resistance will permit long

BITFINEX:LTCUSD   Litecoin / U.S. Dollar
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2
LTC hovering at channel resistance.
Breakout and close above will permit long entry, targeting 2.618 ext of the 0.786 retracement (wave 1-2).
Comment: SL will be close below channel resistance after it breaks, it should be adjusted accordingly should the trade be opened.
Comment: we broke above, wait for hourly close

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