LTC prices are still at buyable area because it hasn't made any significant move since 6 months. For long-term investment, I made an analysis, please check the link below.
In short-term, on daily TF, price has just broken the local trendline. I expect that LTC will do something this time after a long consolidation period.
For these reasons, the proposed set-up is as in chart.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
Trade chiuso: obiettivo raggiunto:
Target reached with 42.5% profit. My long-term trade is still running (see link below).
Final target would be reached next week, expectedly.