LTC saw an extremely on the bottom at $25. This was a huge buying opportunity. I doubt we will have a second chance at that price. With that said, LTC is now overextending itself on the buy pressure. I expect a small retrace to fall into the right shoulder gap near the buy zone of $31-34. Recommend to stagger bids inside this zone for a long. The outlook is for LTC to hit the daily resistance block pushing up past T1 of 42.40, and T2 at 45.30. Buy doesn’t seem to be matching the sell and a drop back towards a neutral zone near 30 is likely to be incoming. Great buy opportunity incoming!
Possible Entries: $31-34