JonathanKrier

LTCUSD: putting the LITE back in the coin

Long
JonathanKrier Updated   
BITFINEX:LTCUSD   Litecoin
good time to look at LTCUSD, its at the bottom of it's channel and it's been severely ignored the past few months. potential price targets could be at the 1.612 FIB extension. good entry as it breaks resistance now. RSI exhaustion confirms the fib levels
Trade active:
UPDATE: appologies for not posting any ancillary details on the trade.

LTCUSD entry was on the 17th at 46.2 USD. TP is 60, with long term target around 80.

GOOD LUCK!!!
Trade closed: stop reached:
LTC reached the top of the channel, and now likely to retrace back into the channel. In the chance that LTC breaks out of said channel, we will enter the trade again.

GOOD JOB!
Trade active:
LTCUSD is breaking channel, time to make this run happen
Trade closed: target reached:
looks like this is the new top of channel. BTC pair confirms.

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