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ckaty
Mar 5, 2018 11:01 AM

LTSUSD 

Litecoin / DollarBitfinex

Description

LTC is in a very tight triangle on daily. Breaking out of tringles are usually explosive and can go to either direction but possibility of breaking up given the trend is obviously more likely. (but not necessarily). Best entry points are 190-200. TP: 270-280.

Comment

Entry: 175, 146-150. TP: 210-220, 236-240. Gl!

Comment

I can see 160 and 140 price levels where we can go.

Comment

Logically LTC can go to 150 area. Reasons: 1) to complete flag/pennant; 2) cheaper prices; 3) long liquidations; 4) accumulation in current 177-187 area is not enough volume.

Comment

150 target is reached
Comments
ckaty
Entry: 175, 146-150. TP: 210-220, 236-240. Gl!
CptSpacePirate
Looks good, let's see if BTC will play along and break upward then this LTC play could work out nicely...
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