Been a long time since I thought id have to be concerned about LTC, but its been performing ok in USD. Fib levels in purple which track the recent range. Lines up with a potential liquidity pocket below the impulse candle. Golden pocket is the dip bid with a target of 140. 140 is an old weekly order block from June of last year. In the event of no deep dips if we get a reclaim of 113 gonna start looking for longs.
Comment:
We got our move. Now lets wee what she can do.
Comment:
Halfway home.
Trade closed: target reached:
Target acquired (close enough). Happy to close this a smidge early given btc absolutely chadding. Id be a little weary of some sharp moves up in this region creating a liquidity vortex. Dont give any unrealized gains back to the market.