jojofang0901

LITECOIN Next Bullish move up

Long
BITSTAMP:LTCUSD   Litecoin / U.S. Dollar

Hi traders:

LTC is shaping up to be a good bullish continuation buy.

We see price has already moved up quite impulsively in the latest price action.

After the LTF impulsive from my previous analysis, price begin to form a deeper, expanding type of structure.

Latest price has shown a descending channel within the larger expanding continuation correction, and we have a confirmed breakout.

Look for LTF continuation correction to get in on this next bullish buy potential.

thank you
Comment:
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Comments

Great technical set up
+10 Reply
jojofang0901 Foysal_Habib
@Foysal_Habib, thank you
Reply
It’s also can blows up breaking this structure without correction...
+2 Reply
@gargant1202 of course Anything can happen in the market, but as consistent traders we need to have a plan and management approach to anything.:)
Reply
Excellent
+2 Reply
@videosims thx ☺️
Reply
thx jojo
+1 Reply
jojofang0901 danielkurniawanchandra
Reply
Wonderful analysis here
+1 Reply
@T_V_TreeTrader thx ☺️
Reply
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