For a newly traded asset like LITECOIN it is observed that often moving averages act as a important trading leve just because of the high noise and volatility of the instruments. Currently LTCUSD has just crossed above its 120 EMA and in the past a swing move of 10% up is observed. We can expect the same this time amid rising vols. Buy for a TGt of 234 within next 5 days
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