LTC Bullish Trade Plan

I am currently long and am publishing my trade plan based on current market conditions. Once LTCUSD is able to break through June's midrange, it will likely be off to the races for ATHs.

I'm anticipating a 15-30% market correction within the next week or two; however, my trade plan isn't to scale of time, rather these are the major levels I am watching and plan to trade them accordingly as long as the market continues its bull trend.

Not financial advice. Do your own research.

Be nimble. Be diligent.

تعليق:

I updated my chart to include monthly mid-ranges. Currently at resistance of Feb's mid range ($186.51). Once we break through, I'd expect to face some additional resistance at ~$197 (confluence of March's mid-range and June's high). Might need some high volume to break through, but once that happens, it is clear sailing to ~$220 if BTC cooperates.

As long as the majors continue their bulltrend without a major pullback, I'll be moving my SLs up and updating my TP levels to ~$230 and ~$260 respectively. Happy trading!