Litecoin is setting up...Wedge consolidation coming to an end.
Litecoin is currently retesting previous resistance. I’m Looking for it to find support at around $208 - $210 levels before it breaks out of this wedge and climbs back up to $230 and higher. In my opinion it’s a good buy right now. My take profit is set at $230 for now, I have buy orders in at $208, and my stop loss is set at $202. If I get stopped out I’ll be looking for the next price action buy signal. Even if you aren’t day trading it’s still a good long term buy and hold at current levels.
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