SignalyzeHQ

Litecoin | USD - Load up, Moon Soon! { Binance}

BINANCE:LTCUSD   Litecoin
Litecoin continues in the up-trend channel looking at the EMA and SMA 50 / 100 / 50 / 200 averages litecoin is sitting in a perfect zone to create a golden cross, further to this litecoin has seen massive gains in the past on it's bullish action getting in early on litecoin at this price has a very good risk / reward ratio.

The three targets we would advice to look for would be :

Take Profit Zones : $65.2 | $85.7 | $108.7

Buying litecoin I would say buying around the 38-45$ range is still a fantastic price for litecoin with all the signs pointing to a break to the upside and looking at breaking out the extended descending triangle.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.