CoinsightGhost

Potential LTC long entry

Panjang
COINBASE:LTCUSD   Litecoin


I took a long position in LTC in the low $190s based on the $190 area which was previous resistance back on 2/14/18. We popped through it, and now have just fallen back to test this level. I see it as a buying opportunity. Am watching this areas closely though as if we drop below $185 I will close this entry as we may continue to fall to the $170 level, which may act as support. If that fails, then we are likely looking at $150 which was previous support. First upside target is the downtrending line at $220 area, and if we break through we are likely looking at $260s.

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.