Litecoin - Buy The Breakout Opportunity

Currency Pair: LTC.USD
Time Frame: 4hr
Predicted Direction: Long

Live LTC.USD updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.

Komen:

Price approaching breakout, keep an eye on the $230 level

Komen:

A textbook breakout, i do expect minor consolidation on the 1hr TF prior to the next bullish impulse.

Komen:

It's likely price could pull back towards $233 prior to targeting $250 once more.

Komen:

Price pulling back just shy of the $233 level, i now see $250 / $260 in the coming hours.

Komen:

1hr TF providing an additional breakout opportunity.

Komen:

6 minutes later the breakout is confirmed, simply await the close.