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LTC/USD

Litecoin and USD 1-hr timeframe


January 29, 2021 9:29 p.m. central time.

In this area it looks like the decision to come on board was to make based on the pattern on the graph.

As we can see the graph seems to be going downwards, but it ended at the support line which mean that the trend might bounce back. It seems that is the opportunity to buy because the market is showing the three black crows which are these right here.

We will see how the confirmation will show in the next hour when we come back to see so I will set up my stop loss right here.

And my take profit right here.

Happy Trading.

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