According to our strategy, the buy for LTC was signaled a while back around 190, however, visually observing the chart, it did not successfully break the Bearish head and shoulders buy zone. Some argue anything below 200 is a good buy. But I believe this coin should not be bought yet. In fact, wait till we are above buying zone, and safely near the closest fib level at $200. Price movement from there should be monitored very close until it reaches the cup and handle break, at this point, it will be aiming for new ATH's.
If you do enter now, take profit at $200, then at $229, and $300.
I will update once our strategy indicates a short.
If you do enter now, take profit at $200, then at $229, and $300.
I will update once our strategy indicates a short.