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.
Long: 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 Resistance: 200ma
Short: If we breakout at the bottom of the triangle. Valid: If we close with an hour candle below the blue triangle line.