botje11

Litecoin LTC about to break up towards 40? Part 2

BITFINEX:LTCUSD   Litecoin / U.S. Dollar
Even with this sideways market, LTC' managed to reach it's target around 40. There is more potential on the upside, but the rest of the market is not that bullish yet. So there is obviously risk here. For the smart people who took some profit already around the high, i would sit on my hands to wait and see how this play out first. Don't let greed of FOMO make your decisions.
Ideally we stay above the highest green support, which also is above that possible trend line on the left. If we see another good volume push up from here (assuming btc' will break up), it would probably mean there is a lot more potential on the upside. Volume profile is bullish as well, so all the ingredients are there. Except for Bitcoin' of course.


Previous analysis:
Comment: Wow, even more bullish than i thought it would be :) That green support held perfectly

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Target hit please update
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low term I have my doubts

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Big buys !
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Thank you so much @botje11 , this is the first time I get profit in crypto, this time it is my bank account now :) nice start for 2019. Bought LTC around 29-30$ and sold at 37.5$ High profit with with less risk.
I am very glad to get to know you @ trading_view . Learned so much from you.
+4 Reply
@Zenter, Wow, very nice!! Happy to hear this. Hope you kept like 25% :)
+1 Reply
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