UltimateCryptoTrader

LTC/USDT is finally in UP TREND !!!

Long
COINBASE:LTCUSD   Litecoin
On the LTC/USDT chart, I see a red important area of daily support and also a green area that shows daily resistance.

We also see the broken trend line H4 and now the broken trend line from chart D1.

In addition, the green trend line from the H1 graph shows us that the current trend is UP TREND, so it is advisable to switch to lower time frames and look for a suitable entry into the position.

We will only enter the position if all the conditions of our Price Action strategy are met.

Thank you for your attention. Alex_UCT

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.