LTC Daily Forecast - Long Entry at $70 - Targeting $100 Zone

Hi Traders,

I think its a good time to buy some LTC at a $30 discount from the major $100 psych level.

Reasons for long entry:

1. 38.2% fib re-tracement support
2. Major trend-line support from Jan/Feb 2019
3. double bottom off the daily RSI
4. Major 23.6 fib above (thick black) - a zone likely to get a re-test.
4. Bitcoin showing signs of weekly bull flag

Keep it simple,

Entry: $70
TP $100 area
Stop: $59

Best of luck, hit thumbs up.