PetrockFxTrading

LTCUSD BUY SETUP- $370 LONG TERM TARGET

Long
PetrockFxTrading Updated   
BITFINEX:LTCUSD   Litecoin
Right here on a weekly chart, we can see the double bottom (W pattern) indicating a buy signal to go long to $370.

Also, a clearer picture of it was shown on a dialy chart. A trendline breakout occurred at $161 which confirms the W pattern to go long to $240.

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Trade active:
Right here is the analysis

Trade closed: target reached:
In two months from when this ideas was made, price hit the expected target at $370

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