Litecoin
Long
Aggiornato

$LTCUSD #LTC #litecoin heading for $70

Looking at the current channel, I can see LTC going for a wave 5 up to $70,-
RSI on daily has enough space to let it happen.
We might see a down first.
Target is determined with Fibonacci extensions.
More detailed information in the update on smaller timeframe.
Nota
Buy the breakout or bounce on the lower horizontal line

istantanea
Nota
Price made indeed another leg down, now watch price action near the trendline for a strong upmove before you buy.
SL in accordance with your moneymanagement strategy below the trendline
Nota
And here is the break out!
istantanea
Nota
LTC is having a hard time these days where BTC is flying.
I changed the blue trendline a bit and shows last hope for LTC.
If the price breaks below this line, its better to close the trade.

Remember: always use proper moneymanagement and stop losses! Better safe than sorry! LTC has risen a lot off late.....

istantanea
Nota
Nice bounce on the trendline and looks on its way for more up

Trend continuation pattern:
istantanea
Nota
sorry, i was to hasty making a chart
this looks better imho

istantanea
Nota
Doing well, nice recovery....lets see if LTC can continue the way up

istantanea
Nota
Ready for breakout?

istantanea
Nota
Nice rally for LTC!
Still on track for $70.
Possible bounce area on chart. Watch price action in the blue box

istantanea
Nota
We're more or less in the targetted area. Keep an eye on price action, we might get a correction from here or in the blue box.

istantanea
Nota
istantanea

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