Bullish Flag formed On LiteCoin
Looks like a clear bullish flag formed on LTC/USD
Price is bouncing off support and the half way mark on the Fib from the previous highs in early May.
Lot's of potential here as price nears oversold on the RSI with possible divergence occurring on the 15 min., MACD suggest some upward momentum.
Stops under support.
Going Long to TP $400's, First Tp goal around $280 resistance.
Price is bouncing off support and the half way mark on the Fib from the previous highs in early May.
Lot's of potential here as price nears oversold on the RSI with possible divergence occurring on the 15 min., MACD suggest some upward momentum.
Stops under support.
Going Long to TP $400's, First Tp goal around $280 resistance.
Note
Nice third pin to the 50 EMA , let's see if she holds. I would expect a breakout around 4pm est.
Fingers crossed lol
Note
Took profit perfectly at $280. A nice +9% in the bag!
Looking for potential re-entry so long as price holds above current $230 support.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.