27/12/17 LTCUSD Coinbase Market trend

in #ltc6 years ago (edited)

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Hi, here is one of my first technical analysis on this site.
The LTC/USD pair is actually on a bullish trend (1H chart) since 2 days.
Still having difficulty to cross the 285$ the bottom closes prices are still going up, constituting an ascending triangle.
There is a high probability to break it from the top and join the Daily descending trend line (Orange one).
I'll would actualy recommend to enter around 283-284 $
And place a Stop loss at 277 $ in cas of a turnaround.
BL:283
SL:277

I'm waiting for your feedback and recommandations.
(Sorry for my basic english level :') )

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