If
LTCUSD
breaks out of the resistance level/entry level, its obviously a BUY opportunity. On the other hand if it breaks below the uptrend line (Green arrow), it should be a sign of price reversal. But RSI & MA indicate an uptrend.
The price might even break out of the Ascending Triangle sooner than expected in any direction (Above the resistance level or below the uptrend line)
My Trading Idea
Entry Level @ $172.71
Target Profit @ $200.04 (+16%)
Stop Loss @ $144.43
Safe Trading folks!
LTCUSD
breaks out of the resistance level/entry level, its obviously a BUY opportunity. On the other hand if it breaks below the uptrend line (Green arrow), it should be a sign of price reversal. But RSI & MA indicate an uptrend. The price might even break out of the Ascending Triangle sooner than expected in any direction (Above the resistance level or below the uptrend line)
My Trading Idea
Entry Level @ $172.71
Target Profit @ $200.04 (+16%)
Stop Loss @ $144.43
Safe Trading folks!
Comment:
The market actually beat my expectations. Let's now wait for a market correction to know where we'll go from here.