LTCUSD breakout in the falling wedge -> retest -> upward channel
Hi, everyone! Short review of LTCUSD.
As we see the price has broken the trend line and showed a strong impulse with a fixing on 2 hours. After that a local rising channel has formed. That's why, my friends, I advise you to work on the trend and as I pointed out on the graph, it’s better to enter into a long deal. Short position is better not to be considered about and when analyzing litecoin, do not forget to look at the main cryptocurrency - Bitcoin! If Bitcoin falls, the rising LTC script may not justify itself. Friends, I wish you all good profits, if you have any questions, write to me!
Thank you for your attention! If you like my analysis, put likes and follow me. If you have any questions about investing, write to me.
As we see the price has broken the trend line and showed a strong impulse with a fixing on 2 hours. After that a local rising channel has formed. That's why, my friends, I advise you to work on the trend and as I pointed out on the graph, it’s better to enter into a long deal. Short position is better not to be considered about and when analyzing litecoin, do not forget to look at the main cryptocurrency - Bitcoin! If Bitcoin falls, the rising LTC script may not justify itself. Friends, I wish you all good profits, if you have any questions, write to me!
Thank you for your attention! If you like my analysis, put likes and follow me. If you have any questions about investing, write to me.