mcdaverage

$541 LTC in January - but a couple IF's

Long
mcdaverage Updated   
BINANCE:LTCUSD   Litecoin

- Cup and handle breakout has failed the first time. (Green trendline)
- Teleportation upon claiming green line (A) as support.
- HTF Resistance (orange) is quite near.

Either a strong candle breaching both important lines, or we consolidate in between for a week or so.

Target is $541 once alt season begins (January 2022).
Comment:
Successfully retested Cup and Handle neckline as support.

Take out orange line and we're good to go parabolic.
Trade closed: stop reached:
Orange line rejected pretty good.
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