While most of the major cryptos are still trading in a range, there are still a few that peaking above the Feb 24 highs. LTC flag out as predicted and continues to move higher. BCH also now playing with the Feb 24 high on volume.
A potential setup could be long break of Feb 24 high (158) on volume with stop at 120 and a target of 239. To improve the risk / reward i would use definitive close below the 50 moving average as a stop.
Any thoughts or comments are welcomed!
A potential setup could be long break of Feb 24 high (158) on volume with stop at 120 and a target of 239. To improve the risk / reward i would use definitive close below the 50 moving average as a stop.
Any thoughts or comments are welcomed!