GOLDGRAM

Litecoin future next bullish break

Long
BITFINEX:LTCUSD   Litecoin
Hi, Traders!
Litecoin after a cross break last 07 February, when EMA50 Moving Average is positioned above EMA20, setting the spot price at $48.286 and projecting a bullish trend or a buy signal.
The 1st buy stop is at $47.993 for short term trade and the sell stop is at $40.93. Meanwhile, the target sell stop, based on the current price, for the short term trader is at $46.007 which is considered as another indication to buy.

Sentiment: Bullish
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.