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LTC testing key support point and mini trend line

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LTC is at this support point and mini trend line here. If you follow me you should have entered anywhere between $112 to $117. which makes you in profit.

Key things to keep in mind, we have formed a higher high on the smaller time frames but also had a very weak DAILY MACD cross which is not a good sign. In conjunction with that we have also had this 4 hr MACD cross over. While I think it's due for a rebound that combination of technicals is not really a good sign.

I will be most likely putting a stop below this point to lock in profit or break even. It's your call with what you want to do.

Happy Trading,

-Sherem
Nota
LTC isn't looking to hot right now either. Make sure your stops are in place or you have your buys laddered and ready to go.

syot kilat
Nota
update:
LTC Head and shoulders on the 4 hour

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