yarr

Litecoin - Ascending Channel in play

Long
BITSTAMP:LTCUSD   Litecoin
The whole market is showing signs for recovering and Litecoin is trying to push higher as it bounced from the channel support level.

When all EMAs Cross above of EMA50 together with the price pushing above, this confirms that there are going to start another bullish run which could take us back to the resistance level at $182- $194 levels.

If you have questions related to this setup, feel free to ask down below and I'm more than happy to answer to your questions! :)

Things to Remember
- Stop-loss orders are strongly recommended.
- Beware of buying tops or FOMOS, you might end up losing or waiting long periods of time before getting anything back.
- Do your homework before investing.

DISCLAIMER:
Please be aware I am providing this trading information for your benefit and insight to my trading strategies. You are responsible for your trading and investing decisions. It is highly recommended to do your own research before investing anything.

Yarr
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