phil.steuerwald
做多

Litecoin move up happened. $57 target. But when?

COINBASE:LTCUSD   莱特币/美元
The move up happened as anticipated hours after my last post on Litecoin. We recently hit $50 resistance and ran out of steam. You could've sold there if you were watching or had your trade triggers placed. We have and are now consolidating a bit and will continue to follow BTC             before pushing higher.

Over the next day or two I expect more sideways movement and possibly down to the $46 support. Be ready to buy here. I doubt we go lower.

As a swing trader, my current target is the last ATH             of 57.75. I will put in my trade triggers for this target price, however long that takes. I will then sell, wait for consolidation back down to around $52.50 and start my buy back for my long term target of around $75. More analysis will come when the $57 target has been reached.

Happy Trades y'all!
Thanks for the nice charts. :) good luck
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@cgavel, My pleasure.
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phil.steuerwald filipevalentim
@filipevalentim, Thank you.
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