We have another low risk/high potential rewards chart setup on BitMEX for LTCM20.
This is the instrument that tracks LTCBTC, where it can be traded with leverage.
---------- First, let me say as usual that this is only for experts/advanced traders. TRADE AT YOUR OWN RISK. ----------
Now, the chart here is looking good with two reversal candles followed by a break above EMA10 and a challenge of EMA50.
The RSI is above 50 while the MACD is now above 0. Indicating a bullish bias.
What this all means is that Litecoin (LTCM20) has good chances of producing a bullish breakout.
We have an active trade for this pair. If you want to see the buy-in, targets, and more, feel free to hit LIKE to show your support. If enough people show interest, we will share the full details at 150 likes.