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Trading plan: LTCUSD (Litecoin)

Panjang
BITSTAMP:LTCUSD   Litecoin
Litecoin is slightly growing in price. The level of its support is around $ 134 - $ 135, and the resistance level - $ 141.
Priority of the day: buy LTCUSD with a target of $ 141.
We are puzzled with big Litecoin rollbacks, so the growth of its rate may be interrupted near $ 138. A deal for Litecoin purchase is possible, but has an average level of risk.
Projected scenarios:
1. Buy LTCUSD from $ 136 to $ 141.
2. LTCUSD may be in the flat today.
An alternative scenario:
LTCUSD may go from $ 136 to $ 130. Such a scenario cannot be ruled out, so it's better to put a short stop-loss for a deal to purchase Litecoin.

Penafian

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