LTC is in a very tight triangle on daily. Breaking out of tringles are usually explosive and can go to either direction but possibility of breaking up given the trend is obviously more likely. (but not necessarily). Best entry points are 190-200. TP: 270-280.
Komentar
⋅
Entry: 175, 146-150. TP: 210-220, 236-240. Gl!
Komentar
⋅
I can see 160 and 140 price levels where we can go.
Komentar
⋅
Logically LTC can go to 150 area. Reasons: 1) to complete flag/pennant; 2) cheaper prices; 3) long liquidations; 4) accumulation in current 177-187 area is not enough volume.