Litecoin Trading Opportunity

New trading opportunity for Litecoin. The price bounced from the uptrend line and SMA50 and after that broke the downtrend line. It gave us an additional signal confirming further upward movement. MACD also gives us a bullish signal. We can place pending orders for buy at 62.50 level with stop orders below the swing low at 55.30 level. Profit targets are 70.00 and 90.00 levels. This buy signal is not so strong, ADX line falls and it does not support strong price movement. That's why I strongly recommend to use stop orders and small trade volume.