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someone514

LTCUSD - Close above channel resistance will permit long

Long
Litecoin (BITFINEX:LTCUSD)  
someone514 Updated   
BITFINEX:LTCUSD   Litecoin
Wave Analysis LTC
2
0
waveanalysis ltc
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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