$LTC
#LTC/USDT is at Critical level will it Breakout or Continue in downtrend channel ?
■Chart-Analysis:-
After trading in downtrend channel price backed to Upper-band of channel and consolidating there. If it breaks upside we plan for Longs and if not then for shorts both side trade plan we have.
■Trade-plan:-
●If price breaks above 115 then we plan long entry with potential targets of 129, 137, & 144. and if its a trap we plan exit at 108 as stop-loss.
●If price not sustained unmove enter for short entry at 103 with potential targets of 96, 88 & 77. and to mitigate risk put stop order at 110.
■Tip:-
●Use Trailing Stoploss for better results.
● Monitor your positions closely.