EQBM

LTCUSD - Is $34 a good entry point?

Lång
COINBASE:LTCUSD   Litecoin
Looks like the pair LTCUSD will touch $34 - previous resistance level or support level in the next 2-3 weeks.
For double confirmation of this level, observe how far shadows from June 26-27 went down. If price passes Fibs 0.236 there is a high chance that pair will consolidate at $34.00-34.50 and form the bottom. Also include Gann Fan and you will have strong uptrend channel.

To insure our positions, besides the $33.92 buy order, we’ll also place buy order at the $37.33.

Our analysis neither offers you the solution of how to trade, nor encourages you to trade based on it. Thus, be careful with your trading decisions.

Regards,
Cryptocurrency Fund L.P.

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Sincerely,
EQBM Team
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