Litecoin ( LTCUSD’) needs no introduction. We will be looking at it shortly and going straight to the trade:
snapshot

– We have a falling wedge , which is a bullish pattern .
– LTCUSD’ is now sitting at 2017 strong support levels.
– MACD curving up and bullish crossover.

Trade instructions for Litecoin’ ( LTCUSD             ) by Alan Masters

Buy in: $50 – $54

Targets for LTCUSD:

(1) $60
(2) $68
(3) $80
(4) $90
(5) $100
(6) $116
(7) $135
(8) $165
(9) $190
(10) $220
(11) $250
(12) $280
(13) $340
(14) $420

Stop loss: Close weekly candle below $46.

Capital allocation: <20%.

Enjoy the trade.

Alan Masters.

Namaste.