Trader_Anderson

LTC/USDT LONG POSITION

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BINANCE:LTCUSDT   Litecoin / TetherUS
On the daily tf of #ltc, the price is moving above the 100ema which is acting as it support which in other words its telling us that price is upward and to confirm this trend movement, we have a breakout of the upper channel of both the smaller and the bigger triangle. now the price would have to test the $50 resistance and once we see a breakout above this level, the next resistance would be found around the $63 zone. with this in place #ltc is on it way to the $145 resistance zone but at the moement it too early to start aiming for such level as #ltc still has crucial zones to break.

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