curtmelonopoly
Long

Litecoin likely bounce near here for chart structure Chart notes

COINBASE:LTCUSD   Litecoin / U.S. Dollar
Litecoin will have to bounce near here if chart structure to remain in place. $LTC

If it doesn't bounce near up channel support (yellow diagonal line) it could run another trading quad area down very easily.

I'm bias a bounce but... price action should rule and don't forget the 200 MA is overhead if it does bounce. That will become significant upside resistance test if price gets there.

Huge risk reward advantage here for bull side trade.

For more detail on the time cycle peaks for your trade, price targets, and support and resistance points relating to your personal trading plan contact me with any questions you have.

Best and peace!

PS Remember to trade price - if the trade goes against you it is always better to take a small loss than be married to a bad chart / stock.

Monday I will be live broadcasting this trading set-up and other chart set-ups documenting my process in detail for review w/ daily PL's, video, charting set-ups and alerts.

Register to free email list for trade set-ups, webinars, special events: https://compoundtrading.com/contact/

Website: https://compoundtrading.com

Free chat room: https://discord.gg/2HRTk6n

Subscribe: https://compoundtrading.com/overview-...

Twitter: https://twitter.com/CompoundTrading

Lead Trader: https://twitter.com/curtmelonopoly

Tradingview: https://www.tradingview.com/u/curtmelono...

Facebook: https://www.facebook.com/compoundtrading...

StockTwits: https://stocktwits.com/compoundtrading

Email: https://info@compoundtrading.com

Compound Trading Platform: Algorithm model charting for $SPY, $VIX, #OIL, #GOLD, #SILVER, #Crypto ($BTC Bitcoin , $ETH, $LTC, $XRP,) $DXY US Dollar and Swing Trading Newsletter. Live trading rooms for daytrading and oil traders. Private coaching and live alerts.
Lead Trader @CompoundTrading • Machine Learning Trading • Trade Room • Alerts • Trade Coach • YouTube http://tinyurl.com/mx9bdox http://www.compoundtrading.com
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out