crypto_poet

LTC - two possible scenarios

Long
crypto_poet Updated   
COINBASE:LTCEUR   Litecoin / Euro
All depending on daily close within next two days. If bulls manage to close daily above the green 100 MA (green) - LTC will most likely move towards the stronger 200MA resistance. If tomorrow we close below, the possibility increase to drop down slightly below previous support levels. In this case, I would look at possible Wyckoff accumulation schematics with the potential of reaching new highs before December. Time will tell...
Trade active:
Bottom target reached.
Trade closed: stop reached
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