TradingView
P_S_trade
Jan 22, 2021 12:02 PM

LTC - 2h. Buyers kept the growth trend! Long

Litecoin / TetherUSBinance

Description

Despite the sharp drop in LTC prices
C, the price range is important $126-131 withstood the blow.

The price of LTC remained in the white growth channel. The sellers tried to break through this range at high volumes. After the formation of a false breakdown, buyers seized the initiative.

If the local fall wave is complete, the price should not fall below the range of $126-131 today. This signal will allow you to make a short-term trade with a target of $150.

The current wave of fall has reached the first target of our previous idea. In addition, the preliminary idea has a global LTC growth target. If you haven't viewed it - click on the link below:

_____________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
Comments
jojofang0901
further upside potential :) thank you
P_S_trade
@jojofang0901, let's see whether buyers will be able to reach our local buy zone
Babenski
strong support area i agree
P_S_trade
@Babenski, thanks for comment!
TopTradingSignals
Wonderful background bro!
P_S_trade
@TopTradingSignals, thnaks buddy)
Fisher_Fx
Nice breakout here. Looking for a retest and more up!
P_S_trade
@Fisher_Fx, yes. let's try to implement this plan
TheSignalyst
I added this one to my watchlist too! let's see.
P_S_trade
@TheSignalyst, Thanks! What other options are you considering?
More