Aurum Markets Blog Technical Analysis Possible breach of resistance level by LTCUSD

Possible breach of resistance level by LTCUSD

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Emerging Channel Up detected on LTCUSD – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 133.65 and it is expected to move to 143.1575.

Supported by Upward sloping Moving Average

Target: 143.1575 Entry: 133.65 Stop: 128.63

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