Cabana Capitals Blog Technical Analysis Breach of important price line imminent by LTCUSD

Breach of important price line imminent by LTCUSD

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The movement of LTCUSD towards 64.9300 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

Supported by Upward sloping Moving Average

Target: 64.93 Entry: 64.13 Stop: 63.6466

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