Litecoin
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Litecoin long opportunity, buy the dip.

Litecoin showing an uptrend, we have a long opportunity on the dip here. Bullish outlook confirmed by MACD crossover to upside, aswell as RSI and TTM Squeeze trending up. SCMR trends also advises a long entry on this candle. I advise a 2:1 risk, our aim is to sell some or all at the resistance as shown. Keep an eye on market volume, if it breaks out, ride the wave.
Trade aktif
Our long has been met, the next question is , will it break resistance ? Taking profit here isn't a bad idea, I'd advise selling 33% of your position and letting the rest ride in this situation, with the intention of closing out when we see confirmation of a reversal.
Catatan
LTC broke resistance on futures contracts, I expect spot to follow suit!
Catatan
take profit area is now ~ $166-168 zone or 0.0201105
Catatan
BTC is bullish, this may impact LTC causing a moon to .024, monitor accordingly.
Trading ditutup: target tercapai
sold @ $177, may be worth buying back in lower.

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