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CRSpencer93
Dec 23, 2020 2:49 PM

Litecoin - 4HR Trading Plan Long

Litecoin / TetherUSBinance

Description

Litecoin looks to be tightening up & i've entered a trade at $103 on the test of the ascending support trend line, a lot depends on how Bitcoin plays out so a stop below the recent low of $100.49 is essential. LTC/BTC pairing looks to have tested support so as long as BTC/USD holds up Litecoin should perform well moving into the next few days. Targeting the recent high of $123-124 & beyond that weekly resistance $138-143.
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