Price is picking above the daily resistance at $179. If LTC price confirms the breakout we could open a long position with a good margin for profit.
If it does not hold, price should find support at $164 and $152.
Strategy If the breakout holds:
TP1: $226
Alternative TP1: $199, TP2: $226
If you want to read more about Litecoin on CoinMarketCap, click here.
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Thank you and Happy trading!
------------------------------------------------------ Some of my charts represent actual trades, and some are just paper trading. Needless to say, this is not financial advice!
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