Denis 1981
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#LTC
Currently, the asset shows a local consolidation movement in the area of the key hourly resistance level located at the price mark of 121.10, from which we expect to see a correction movement to the key daily support level at 112.50. Here, in the area of this support, we will consider entering a long position on the medium-term upward trend of this asset. The entry point is located taking into account the potential false breakout of this support. We remove the stop loss behind the next support level of 104.90 and local lows.
The first target of our purchase is the hourly resistance level of 121.10, the level will not cause any particular problem, so we will immediately move on to the final target, which is located in the area of abnormal resistance of 135.00 - 140.00. Here we set a take profit.
Currently, the asset shows a local consolidation movement in the area of the key hourly resistance level located at the price mark of 121.10, from which we expect to see a correction movement to the key daily support level at 112.50. Here, in the area of this support, we will consider entering a long position on the medium-term upward trend of this asset. The entry point is located taking into account the potential false breakout of this support. We remove the stop loss behind the next support level of 104.90 and local lows.
The first target of our purchase is the hourly resistance level of 121.10, the level will not cause any particular problem, so we will immediately move on to the final target, which is located in the area of abnormal resistance of 135.00 - 140.00. Here we set a take profit.
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