Litecoin Short Term Trade

Price dropped to the bottom border of a horizontal channel and the uptrend line from higher time frame. RSI is in the oversold zone and it's going to reverse. A reversal candlestick pattern confirms possible upward movement. We have buy opportunity. Entry level for long trades should be at 40.70 with stop orders below 38.90 level. Profit target should be at the top border of the price channel. This is a short term trade. Be careful with any trades, the markets are unpredictable now.