Litecoin (LTCUSD): Long Trade Explained

24 בנוב׳ 2021

Hey traders,

As you remember we were looking for buying opportunities on Litecoin after a bullish breakout of a major supply cluster.

Retesting the broken supply area, the market is approaching a peculiar confluence zone at the moment.
We see a perfect match between a horizontal daily structure support and a rising trend line.

Our confirmation is the double bottom formation with a neckline breakout on hourly time frame.

Initial target - 228

❤️Please, support this idea with like and comment!❤️