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LTCUSD - Is $34 a good entry point?
Looks like the pair LTCUSD will touch $34 - previous resistance level or support level in the next 2-3 weeks.
For double confirmation of this level, observe how far shadows from June 26-27 went down. If price passes Fibs 0.236 there is a high chance that pair will consolidate at $34.00-34.50 and form the bottom. Also include Gann Fan and you will have strong uptrend channel.
To insure our positions, besides the $33.92 buy order, we’ll also place buy order at the $37.33.
Our analysis neither offers you the solution of how to trade, nor encourages you to trade based on it. Thus, be careful with your trading decisions.
Regards,
Cryptocurrency Fund L.P.
For double confirmation of this level, observe how far shadows from June 26-27 went down. If price passes Fibs 0.236 there is a high chance that pair will consolidate at $34.00-34.50 and form the bottom. Also include Gann Fan and you will have strong uptrend channel.
To insure our positions, besides the $33.92 buy order, we’ll also place buy order at the $37.33.
Our analysis neither offers you the solution of how to trade, nor encourages you to trade based on it. Thus, be careful with your trading decisions.
Regards,
Cryptocurrency Fund L.P.
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Sincerely,
EQBM Team
Sincerely,
EQBM Team
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