LTCUSD was created a formation in pennant that is one of the reliable to invest in Crypto, it has run out of space so it is reaching a critical point to break the 50% Fibonacci limit. MACD is about to cross up. I set up my TP arround 484 USD
Make sure to wait a confirmation candle, happy Tradding guys!!!
We hit our target at previous analysis on XRPMXN at $5.0 MXN
now this coin bounce after hit support, you can buy now or wait at support line to buy at $4.5 MXN
if this coin drop again, wait at 3.5 to buy back
with this setup, we can aim target at $5.8 MXN
The steep rise of the BTCMXN coupled with the euphoria for the purchase of this Cripto seems to have reached a point of readjustment with a necessary pullback, as we always say the price will do what should be done so nothing is guaranteed. For now price has respected the bullish channel.
MACD crossing from top to bottom