ColmoreFX

LITECOIN LONG IDEA

Long
BITSTAMP:LTCUSD   Litecoin / U.S. Dollar
Price broke higher and formed a new cycle high. Looking for a pullback into the support zone highlighted on the chart around $53.30 area. If we see the right conditions we could look for a buying opportunity.

If we break and close below the new low we could see prices head lower but until then look for long opportunities

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