The market forms a pendant, which is the continuation of the chart. If the price breaks the resistance line of the pennant, we will receive a signal confirming the upward movement.
RSI confirms price change from SMA50. The MACD histogram will support the continuation of the uptrend.
DMI allows you to open long trades. The starting level can be 270.00 with a stop loss at 186.00.
Take profit is 360.00 and 500.00.
If you do not use a shoulder, the trade volume for this transaction is up to 10% of your deposit.
Market: LTCUSDT
Purchase: 270.00
Stop loss: 186.00
Take-profit: 360.00 and 500.00
The trading signal is based on the Poloniex diagram.
Disclaimer: The analyst has no investment in Litecoin.