Hello Binance Family / Fellow Traders.

This is Richard, also known as theSignalyst.

#ltccutinhalf #LTC rejected the 100.0 weekly resistance and traded lower. Now it is approaching the lower red trendline. Moreover, the zone 60.0 a strong weekly structure.

šŸ¹Ā So the highlighted blue circle is a strong area to look for buy setupsĀ as it is the intersection of the redĀ support zoneĀ and lower red trendline. (acting as a non-horizontal support)

As per my trading style: As LTC approaches the lower blue circle zone, I will be looking forĀ bullishĀ reversal setups (like aĀ double bottomĀ pattern,Ā trendline breakĀ , and so on...)

šŸ“šĀ Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!

~Rich