MovingExponentially

Litecoin - EMA's have created a Buy Signal on 4 Hour Chart

Long
BITTREX:LTCUSDT   Litecoin / Tether
What's up my traders!

LTC has lagged the market and is one of the few coins which has not exploded yet. But that time may be coming

Buy: $131 (Bought just after the 9,13 and 21 EMAs crossed over the 55 EMA)
Stop Loss: $105 (Clear support at $110 as shown by yellow line on the chart)
Target: In the short term (next 3-5 days) I'm targeting the $170 price level. This would put us in a trade resulting in 30% profits. If Market looks strong and BTC is preforming well, we could let LTC continue on and watch RSI, MACD and Price Action carefully. LTCUSD
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