Hello!
Current price of Litecoin predicted many times, and while it stays in channel it gives easy profits.
Looking at price breakouts from different resistances of Flags/Triangles/Wedges we notice +21%/+19%/+18% move from breakout to resistance of the channel.
Given current conditions we are likely will go to resistance to $56 zone and see about +17% profits from current price.
SL zone is located below support of channel, so calculate your position size accordingly!
Thanks for reading, send Thumbs Up to this post 👍👍👍
Current price of Litecoin predicted many times, and while it stays in channel it gives easy profits.
Looking at price breakouts from different resistances of Flags/Triangles/Wedges we notice +21%/+19%/+18% move from breakout to resistance of the channel.
Given current conditions we are likely will go to resistance to $56 zone and see about +17% profits from current price.
SL zone is located below support of channel, so calculate your position size accordingly!
Thanks for reading, send Thumbs Up to this post 👍👍👍
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