Litecoin / Bitcoin
Long
Updated

Litecoin/Bitcoin (LTCBTC) cross breakout off multi-year lows

613
Going back almost a decade the Support between Litecoin and Bitcoin LTCBTC has held around 0.003. The cryptocurrency cross has come to rest on this level once again and as price action slows it begins to squeeze into a tight range. Price could shoot up off the support and break out of the range. I'll be looking for it to first hit the 50% Retracement if it does go bullish outside the range.
Note
snapshot Monthly chart back to 2013
Order cancelled
Cancelled the order when it did a fake out to the low side. Watching this spike now instead... snapshot
Note
snapshot

The spike trade worked that cancelled the first order and the second breakout also got up to target.

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