LTCUSD consolidating after breakout by hackerwhacker

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cryptocurrency · @hackerwhacker · Aug 28 '17

$3.80

LTCUSD consolidating after breakout

One bull flag was broken. Need to wait for a day or 2 to see if it can hit 77 after another bullish confirmation.

![](https://steemitimages.com/DQmXAhnNPhGBtMuwgicpJ3JGmWvPGep5LWQrTNxp6FcXr4o/image.png)

Disclosure : Trading forex or crypto involves risks.This is not a trading advise. I hold positions in LTC from low single digit price.

👍 minnowbooster, randowhale1, mdquixil, ardina, overkillcoin, mrwalt, hackerwhacker, roomservice, minnowpond, cryptolife1, freakred, wayfaraway, darkbyte, bobcoupe, arinakomi, grozo, jokob, nayow, googly, minnowpond1, isingali, buy-bitcoin, abachiev, vipbuyanov, shepotkova.liza, rada.prosvirnova, vmuyyngnfxly, xmdub4glh7ck, denvvert, nastya2612, xleopoldx, gubin85, lambjacob, ruzovne, asednez, evisanor, nutter, lugyr, kausw, cesak, nandia, upgoat, hukonua, hackbot, randowhaletrail, allyo.stories, massive-pop, gardazilkreea, maukora, wolifej, lizam, migferb, cricinfo

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@buy-bitcoin · Aug 28 '17 (edited)

Looks like a pullback is in order before reaching $75+ but I really like the long term structure so I will go to sleep for awhile &#128515;

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@hackerwhacker · Aug 28 '17

yes retrace to a fib level before we go up again.

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@minnowbooster · Aug 28 '17

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@minnowpond · Aug 28 '17

This post recieved a vote from @minnowpond. For more information click https://steemit.com/steemit/@minnowpond/boost-your-rewards-with-minnowpond

👍 eileenbeach, royrodgers

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@minnowpond1 · Aug 28 '17

This post recieved a vote from @minnowpond. For more information click https://steemit.com/steemit/@minnowpond/boost-your-rewards-with-minnowpond

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@randowhale · Aug 28 '17

This post received a 3% upvote from @randowhale thanks to @hackerwhacker!  For more information, [click here](https://steemit.com/steemit/@randowhale/randowhale-is-now-only-1-steem-sbd-per-vote-spread-the-news)!

👍 ozchartart

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@taskmaster4450 · Aug 28 '17

High 70s is really a good target.

I give the consolidation a few days to digest the move.

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@hackerwhacker · Aug 28 '17

yep needs to retrace a bit before next leg up.

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