Unfoldemy

The small brother breaks out - LTC up to 225

Long
BITFINEX:LTCUSD   Litecoin / Dollar
BITFINEX:LTCUSD

LTC follows his mother BTC! Almost always!

Take a look at the EMA ribbons which look very good in the 4h TF!

Risky trade? I don't hink so - the october was historically seen a green month.

SL under 148 - if LTC is falling below we see lower prices
TP is higher than 225, ATH can reach in this circle up to the end of december if btc is also going crazy. Thus a first TP can be taken at about 225.

R:R 1:10.

Let's see how its playing out...