LTC - Retracement and Bounce Long

Litecoin / U. S. DollarKraken

Description

⋅ Feb 15, 2019 7:14 AM

Litecoin has retraced 50% of its recent moving up and is heading north again. 5/12 EMA, MACD, on On-Balance Volume looking good on the daily chart. Looking for an exit price above $55.

Set up is invalid if we close below resistance at $40.

Comment

⋅ Feb 21, 2019 8:29 AM

Beautiful.