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ForecastCity
Nov 6, 2019 6:20 PM

Don't miss the great buy opportunity in LTCUSD Long

Litecoin / U.S. dollarBitstamp

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (59.45). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. LTCUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.

Take Profits:
TP1= @ 80.35
TP2= @ 131.60
TP3= @ 143.75

SL= Break below S2
Comments
Forecast_Crypto
great analysis man, that's exactly what I'm anticipating
ForecastCity
@Forecast_Crypto, Thanks for your nice comment.
fxniki
Thanks for publishing a good TA. I won't miss such a great opportunity to long LTCUSD.
ForecastCity
@fxniki, You're welcome. We hope you enjoy it.
Best_Forecast
Thank you for your insight.
ForecastCity
@Alexander_007, You got it.
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