Boltar2448

LTC / USD Litecoin Long Chance!!

Panjang
BITFINEX:LTCUSD   Litecoin
Litecoin finally ready to burst!

Let's see what we got here.

Taking to low to high of the leg, price has retraced multiple times and has shown resistance to that 61.8 golden fib as well as the 25 dollar zone, whilst respecting the major bullish trendling. And most recently breaking the bearish trend line of the major retracement. So I would say if you have been waiting to get in, now is looking good.

For extra confirmation, I would wait for a retest of the 61.8 with a bullish candle engulfing of some sort. If it decides to break through the 38.2 first, wait for the retest or reversal pattern on that :)



Happy trading.

Exciting times guys
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.