Litecoin Buy Opportunity

The price bounced from the support zone formed by the uptrend line, SMA100 and 84.00 support level. RSI confirms price reversal. MACD histogram supports upward movement. We have a new trading opportunity. Pending orders for buy should be placed above the downtrend line and 100.00 resistance level. If the market breaks these barriers, we'll get a signal confirming further upward movement. Stop orders must be placed below the local swing low at 82.80 level. Profit targets can be 120.00 and 150.00 levels.