LTC ready for breakout! But which way?

Risk: Medium

Dear followers,

First thanks for following and I hope you have had a wonderful Christmas. I started posting this month and last night I reached my first 100 followers. Let's go for 250 before the end of January :-)

LTC is trading in a triangle now. We have to wait for a breakout to see which way we go.

Long:
Buy: If we breakout at the top of the triangle.

Valid: If an hour candle closes above the blue line.

Target 1: 322
Target 2: 360
Resistance: 200ma

Short: If we breakout at the bottom of the triangle.
Valid: If we close with an hour candle below the blue triangle line.

Target 1: 256
Target 2: 225
Target 3: 189
Resistance: 50ma

Tips: Use the play button to see if we have already broken out and + and - to zoom.

Please, follow and like for more trading ideas.

Questions? Feel free to ask and your feedback is welcome!

Transaction en cours:

Breakout confirmed.

Trade fermée: cible de profit atteinte:

First target reached. :-)

I'll keep you updated about our next targets.

Trade fermée: cible de profit atteinte:

Second target reached