Litecoin: consolidation in mid-term?
Hi Traders!
From a technical point of view,
LTC could be very interesting for Day Traders who like to accumulate positions, in fact this is our strategy on this Crypto. Targets on daily time frames are very clear and simple: 102 (Target 1) and 130 (Target 2).
The Trend on this Time frame is still bearish, and if the support around 56 area fails, a new bottom is possible before a price recovery, but if this happens it will be an interesting opportunity to add long positions.
Trade with care
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From a technical point of view,
LTC could be very interesting for Day Traders who like to accumulate positions, in fact this is our strategy on this Crypto. Targets on daily time frames are very clear and simple: 102 (Target 1) and 130 (Target 2). The Trend on this Time frame is still bearish, and if the support around 56 area fails, a new bottom is possible before a price recovery, but if this happens it will be an interesting opportunity to add long positions.
Trade with care
Like | Share | Comment
ملاحظة
🔴 Bullish swingملاحظة
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🔴 A bullish Harmonic Structure is possible.ملاحظة
🔴 still bullish...ملاحظة
أغلقت الصفقة: تم الوصول للهدف
🚀 Target 1 hit!ملاحظة
📊 New update in chart below:
ملاحظة
🔴 At the moment the trend is still slightly bullish.
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