Litecoin prints a triple bottom and breaks out
As you can see in the chart this is a book long, Lite-coin has managed to hold very well the support of 41.5 touching it three times that signals a triple bottom pattern.
The pattern is confirmed once the price breaks the highest point between the bottoms that is 51.7. It broke out and now we have a wonder full entry after the retest of the breakout.
I will enter a long position now at 53.2$ and i will take profit at 64.5$ and set a stop loss order at 50.5$ .
I will be glad to see what do you think in the comments and if you agree with me give me a like, it helps a lot.
The pattern is confirmed once the price breaks the highest point between the bottoms that is 51.7. It broke out and now we have a wonder full entry after the retest of the breakout.
I will enter a long position now at 53.2$ and i will take profit at 64.5$ and set a stop loss order at 50.5$ .
I will be glad to see what do you think in the comments and if you agree with me give me a like, it helps a lot.