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Bullish Flag formed On LiteCoin

187
Looks like a clear bullish flag formed on LTC/USD

Price is bouncing off support and the half way mark on the Fib from the previous highs in early May.

Lot's of potential here as price nears oversold on the RSI with possible divergence occurring on the 15 min., MACD suggest some upward momentum.

Stops under support.

Going Long to TP $400's, First Tp goal around $280 resistance.

Not
Nice third pin to the 50 EMA , let's see if she holds.

I would expect a breakout around 4pm est.

Fingers crossed lol
Not
Took profit perfectly at $280.

A nice +9% in the bag!

Looking for potential re-entry so long as price holds above current $230 support.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.