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ForecastCity_EU
Jan 14, 2020 6:02 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 (52.70). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. Litecoin/US Dollar 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 75.

Take Profits:
TP1= @ 64.15
TP2= @ 79.15
TP3= @ 99.30

SL= Break below S2
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