You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 63187.4091 but consider reducing the size of your position as the price gets closer to that target.
Related Posts
Could a large bearish move on LTCBTC be a sign of things to come?
LTCBTC has experienced an extremely big movement in last 9 hours. It may continue the trend, but this…
BCHUSD consistently settling in one direction. Will it continue?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
LTCAUD is quickly approaching the resistance line of a Channel Down. We expect either a breakout through this line or a rebound.
The movement of LTCAUD towards the resistance line of a Channel Down is yet another test of the…