Breakout at 40 a possibility if support broken, otherwise we will fall to lower support at 33. Doesn't look like litecoin will "moon" but there is good money to be made here. Next resistance is at 44Eur and 50Eur.
Buy orders should be placed at 39.50 or more, with stop loss below 37. Take 25% profit at 44, setup new stop-loss below 43. Watch resistance. Set-up new stop loss at 48, cash out if below 48, otherwise next resistance looks to be around 80 euro.
Buy/Sell must be confirmed by RSI
Will update.
Buy orders should be placed at 39.50 or more, with stop loss below 37. Take 25% profit at 44, setup new stop-loss below 43. Watch resistance. Set-up new stop loss at 48, cash out if below 48, otherwise next resistance looks to be around 80 euro.
Buy/Sell must be confirmed by RSI
Will update.
Order cancelled:
The support was broken, we will test the 33 EUR support again, hopefully next week and I will post a new chart