whiterose404
Long

(4-14) Ltc Also Has Breakout Potential 15m

BITFINEX:LTCUSD   Litecoin / U.S. Dollar
Same as xrp. Quite cute actually.

We have the nice bear Head and Shoulders , but still has not created a Lower low, or broke lower than the neckline. This gives price a chance to make a bearish Trendline that the bulls now can target to break.

Plus bull RSI divergence on the neckline.

Wait for break of 15m and spike of bull volume .

TP 1 would be previous high
TP 2 let her boom and take profit when you're up 2x or more than TP1, Or bear Divergence

Comment: TP 1 smashed. I'm exited.
Comment: I exited.
What is TP 1 - 129 +- ?
Reply
@HEYO22, Looking for 131-132 this time, but usually when I trade divergence, I would aim for the previous lower high.
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