Litecoin / TetherUS
Long
Updated

LTC.USDT (Y20.P6.E1).Macro structure

627
Hi All,
(ref. D. chart).

FYI, I missed this build up at the inverted Barr lead in trend line and hence overlooked the big opportunity.
Now looking at it, its basically doing what BTC did some 6 months ago.

Never too late however when to buy in is difficult to say at this stage. While BTC has upward momentum, it looks like LTC will as well.

As for key levels, the chart tells you and the targets.


All the best with your trading,

S.SAri

Readjusted the fib ext.
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If LTC can hold $114 to $116 on the daily for the next few days or even the week, which is the monthly and weekly support level, the LTC will fly.
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If LTC was to pullback more...this morning I missed the pullback. BTC also stalking for more gains.
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Trade closed: target reached
hit my macro target

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