GOOD AFTERNOON STEEMIT,
It’s just another standard, warm summer’s day in Sydney and the beach is once again calling my name.
The only thing that beats a late, summer afternoon swim in the refreshingly temperate Pacific Ocean, is a Litecoin pump. Oh and will you take a look at that. Pump, pump, pump it up!
LTC/USD Daily
Remember last week when I featured Litecoin’s launch of LitePay? I’ve been watching price straddling trend line resistance for a while and after retesting that horizontal support/resistance level at $104, the opportunity to take a low risk, high reward long was there.
Well congratulations and happy days if you took the trade because you’re sure sitting pretty now. Just take a look at the intraday price action:
LTC/USD Hourly
That is STRENGTH!
Today’s price action hasn’t even given us a chance to add into our position because there have literally been no intraday pullbacks into previous short term resistance turned support. Strength, strength, STRENGTH!
While I’m swimming in the ocean, I hope you’re enjoying swimming in your profits. 🌊😎
Best of probabilities to you.
Peace ✌🏻.
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