Hey Fellas, feel so interesting with last few days trading result which gives me personally a good gains on some of my coins that I hold. The most profitable coins that I am holding is PPT on Binance and of course for you who have followed my channel, you will realize it as well.
And litecoin here is one of many candidates that I would like to share to you. The first indication that I was very interested is the price bounced as soon as it touched the 78.6 fibonacci retracement area which we know it as a significant levels for some instruments in the last 2 or 3 years. The second indication that I believe you will agree with me and it's very hard to argue in my opinion is the price has formed an ascending type of the triangle which usually end up bullish. Broken out of the horizontal resistance zone will be my entry point for long/buy position.
My nearest target absolutely at the golden pocket zone and then we can target the previous swing high as well.
And litecoin here is one of many candidates that I would like to share to you. The first indication that I was very interested is the price bounced as soon as it touched the 78.6 fibonacci retracement area which we know it as a significant levels for some instruments in the last 2 or 3 years. The second indication that I believe you will agree with me and it's very hard to argue in my opinion is the price has formed an ascending type of the triangle which usually end up bullish. Broken out of the horizontal resistance zone will be my entry point for long/buy position.
My nearest target absolutely at the golden pocket zone and then we can target the previous swing high as well.