erisoft

LTC Analysis Price and near correction

erisoft Updated   
BITSTAMP:LTCUSD   Litecoin
Well Litecoin is inside a bullish channel, as marked with a red arrow an expected crash to the line down of the channel resulting rising in the price, using as reference 1d Fibonacci to see the big picture, the thing here is break the 0.5fibo 1d level if price break hard the line big rising in the price will be expected.
Trade active:
Trading is active, a correction is need to make free the bulls, stay tuned what the market direction will move.
Trade closed: stop reached:
Target did a small correction
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