jigga5000

LTC and $245 resistance

Long
jigga5000 Updated   
BITSTAMP:LTCUSD   Litecoin
If LTC can break $245 with gusto and close a 4 hour or daily candle above it. There is little standing in the way of rocketing to the ATH of $375 rather quickly. And then onward to price discovery . I will buy after confirmed $245 break and hold to $280ish where I will move stop loss to breakeven. And when $300 is broken, stoploss to $280. I plan to sell half before reaching ATH and hodl the rest with a stop around $340.

Trade active:
It closed above $245. If I were giving advice to myself-- I would purchase as much LTC as I possibly could at this level without ruining whatever diversification model I was running.

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