YGForex

[17 Feb] Litecoin On The Run...Bullish Continuation

Long
BYBIT:LTCUSDT   LTCUSDT SPOT
We managed to see a rejection off a resistance level@228.80. I am expecting litecoin to make a short BEARISH retracement till 78.6 fib level (or touching my moving averages) before seeing a BULLISH continuation. This will be a BULLISH push for litecoin as it is building strength for a potential breakout, continuing its upward climb. I will be eyeing a 161.8% fib level as my TP level as of now as. This is subjected to changes as we head closer to the level. I will be updating on this post so do keep a lookout.

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