DLavrov

Litecoin Buy Signal

Long
KRAKEN:LTCEUR   Litecoin / Euro
The price bounced from the support zone and the uptrend line. After breaking the downtrend line, we got a confirmation of further upward movement. It's buy opportunity and we can place pending orders above 40.50 level. Stop orders must be placed below 39.50 level. Profit target should be at the resistance level and the part of trading volume can be left for long run.

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