Good Evening TradingView Community. LTC LTCUSDT.P has broken down from its ascending wedge . While breaking its ascending wedge it has also broken a key fibonacci level (.5) Along with other possible news regarding DCG and Genesis I believe this is a perfect opprotunity to capitalize on the current market sentiment and be greedy while others are fearful and bearish . Along with TSI crossing, and CCI bearish divergence.
I have opened a position at 60.20 Stop loss is above $62 Take Profit 2: $57.91 Take Proft 3: $57.07 Take Profit 4: $55.5
If you liked my analysis on Litecoin/USDT please feel free to follow me here on trading view, I have just recently started posting but I plan to continue for a while, It is great to be able to share my ideas with an appreciative community.
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