First thanks for following and I hope you have had a wonderful Christmas. I started posting this month and last night I reached my first 100 followers. Let's go for 250 before the end of January :-)
LTC is trading in a triangle now. We have to wait for a breakout to see which way we go.
Buy: If we breakout at the top of the triangle.
Valid: If an hour candle closes above the blue line.
Target 1: 322
Target 2: 360
Short: If we breakout at the bottom of the triangle.
Valid: If we close with an hour candle below the blue triangle line.
Target 1: 256
Target 2: 225
Target 3: 189
Tips: Use the play button to see if we have already broken out and + and - to zoom.
Please, follow and like for more trading ideas.
Questions? Feel free to ask and your feedback is welcome!
I'll keep you updated about our next targets.